
In response to huge investor demand, Figma dramatically increased the valuation on its IPO on Monday while keeping the size intact.
Beauty may only be skin deep but it has provided a handsome return for a trio of vendors in Swiss skincare specialist Galderma, increasing by another SFr2.09bn (US$2.59bn) on Monday.
China is considering introducing a minimum market capitalisation requirement for domestic issuers that are planning to list in Hong Kong, after a growing number of Shanghai and Shenzhen-listed companies announced such plans, according to people with knowledge of the matter.
LG Electronics India has restarted work on a smaller US$1bn–$1.5bn IPO and will start meeting investors as early as next week, people with knowledge of the transaction said.
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