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.
Fifth Street Asset Management’s restructured IPO managed to price on Wednesday night but stumbled badly on its debut the next day, trading as much as 22% below its offering price even after a halving of the deal’s size and a deep cut in valuation.
Buyout firm Carlyle Group plans to sell a 20% stake in former DuPont industrial paint subsidiary Axalta Coating Systems through an up to US$945m IPO launched on Thursday and set to be priced on Tuesday November 11.
Buyout firm Carlyle Group plans to sell a 20% stake in former DuPont industrial paint subsidiary Axalta Coatings Systems via a US$945m IPO launched Thursday and set to price on Tuesday, November 11.