BUZZ- U.S. IPOs: Focus shifts to tech as window remains open

Mon May 18, 2015 1:49pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

** Three tech deals among five set to raise about $1 bln and could be first week this year during which more than one tech company goes public

** Canada's Shopify Inc and China's Alibaba-backed Baozun Inc duel directly for investors' attention as both e-commerce firms look to debut Thursday

** Mortgage data analytics provider Black Knight Financial Services sends strong signal, accelerates pricing to Tuesday night

** Last week all five scheduled IPOs priced, raised $1.5 bln, but three companies cut their respective valuations to get done

** On positive side, EQT GP Holdings pops in its debut, on heels of successful Tallgrass Energy GP IPO

** Belgian-Dutch Galapagos NV sees its U.S. listed ADSs soar 20+ pct as Johnson & Johnson and AbbVie Inc -backed biotech raises $317 mln

** Along with last week's IPOs, 16 follow-ons ($5.8 bln) and three converts price for total transaction value of $8.3 bln

** Blocks reemerge, account for half follow-on deal count and dominate issuance ($4.9 bln)   Continued...