Anthony Hughes is senior reporter, equities, for IFR where he covers developments in US equity capital markets. He previously worked as a financial reporter and columnist for the Australian Financial Review and, prior to that, as investment editor at the Sydney Morning Herald.
Chipmaker Intel plans to buy 10% of the shares in data management software firm Cloudera’s US$210m IPO to support the deal at a far lower valuation than the price paid when it took a strategic stake three years ago.
Like its sportiest vehicles, used car e-commerce upstart Carvana moves fast.
Cable TV flotations are a rare sight in the US IPO landscape, but investors could see at least two issues out of the industry in the coming months.