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Nugatory
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2021-06-18
Looking forward!
Hong Kong tycoon Richard Li's FWD files for U.S. listing
HONG KONG, June 17 (Reuters) - Hong Kong tycoon Richard Li's insurer FWD said it has lodged an appli
Hong Kong tycoon Richard Li's FWD files for U.S. listing
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Nugatory
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2021-06-17
Great!
Vita Coco Owner Is Planning an IPO at Over $2 Billion Value
The owner of coconut water company Vita Coco is planning to go public this year after investors rush
Vita Coco Owner Is Planning an IPO at Over $2 Billion Value
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forward!","listText":"Looking forward!","text":"Looking forward!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/168935418","repostId":"2144411077","repostType":4,"repost":{"id":"2144411077","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623939312,"share":"https://ttm.financial/m/news/2144411077?lang=&edition=fundamental","pubTime":"2021-06-17 22:15","market":"us","language":"en","title":"Hong Kong tycoon Richard Li's FWD files for U.S. listing","url":"https://stock-news.laohu8.com/highlight/detail?id=2144411077","media":"Reuters","summary":"HONG KONG, June 17 (Reuters) - Hong Kong tycoon Richard Li's insurer FWD said it has lodged an appli","content":"<p>HONG KONG, June 17 (Reuters) - Hong Kong tycoon Richard Li's insurer FWD said it has lodged an application to regulators for an initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> in the United States.</p>\n<p>The company did not disclose the size of the IPO, but the deal could raise between $2 and $3 billion, people familiar with the matter said.</p>\n<p>A fundraising of that size would value FWD at $13 billion to $15 billion, they added.</p>\n<p>FWD declined to comment on the potential size of the deal.</p>\n<p>The number of American Depositary Shares <a href=\"https://laohu8.com/S/ADS\">$(ADS)$</a> and price range have yet to be determined, a statement from the company said.</p>\n<p>\"The IPO is expected to take place after the SEC (U.S. Securities and Exchange Commission) completes its review process, subject to market conditions,\" it added.</p>\n<p>The IPO filing comes under FWD holding company PCGI Intermediate.</p>\n<p>Richard Li is the son of Hong Kong's richest man Li Ka-Shing. Billionaire Li laid the foundation for FWD in 2012 with the acquisition of ING's Hong Kong, Macau and Thailand units for $2.1 billion and has continued this bolt-on approach since.</p>\n<p>The company's major acquisitions included its $3 billion purchase of Siam Commercial Bank's life insurance unit in Thailand in 2019, just days after agreeing to buy the Hong Kong operations of U.S. insurer MetLife Inc .</p>\n<p>FWD is the insurance business of Li's investment arm Pacific Century Group.</p>\n<p>FWD has businesses across 10 Asian markets led by Hong Kong, Indonesia, Japan and Macau, according to its website.</p>\n<p>The company has $62.6 billion in assets and 9.8 million customers, a factsheet on its website states which also says FWD's minor shareholders include Swiss Re , GIC Ventures, RBJ Capital and Hopu Investments.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong tycoon Richard Li's FWD files for U.S. listing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong tycoon Richard Li's FWD files for U.S. listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 22:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, June 17 (Reuters) - Hong Kong tycoon Richard Li's insurer FWD said it has lodged an application to regulators for an initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> in the United States.</p>\n<p>The company did not disclose the size of the IPO, but the deal could raise between $2 and $3 billion, people familiar with the matter said.</p>\n<p>A fundraising of that size would value FWD at $13 billion to $15 billion, they added.</p>\n<p>FWD declined to comment on the potential size of the deal.</p>\n<p>The number of American Depositary Shares <a href=\"https://laohu8.com/S/ADS\">$(ADS)$</a> and price range have yet to be determined, a statement from the company said.</p>\n<p>\"The IPO is expected to take place after the SEC (U.S. Securities and Exchange Commission) completes its review process, subject to market conditions,\" it added.</p>\n<p>The IPO filing comes under FWD holding company PCGI Intermediate.</p>\n<p>Richard Li is the son of Hong Kong's richest man Li Ka-Shing. Billionaire Li laid the foundation for FWD in 2012 with the acquisition of ING's Hong Kong, Macau and Thailand units for $2.1 billion and has continued this bolt-on approach since.</p>\n<p>The company's major acquisitions included its $3 billion purchase of Siam Commercial Bank's life insurance unit in Thailand in 2019, just days after agreeing to buy the Hong Kong operations of U.S. insurer MetLife Inc .</p>\n<p>FWD is the insurance business of Li's investment arm Pacific Century Group.</p>\n<p>FWD has businesses across 10 Asian markets led by Hong Kong, Indonesia, Japan and Macau, according to its website.</p>\n<p>The company has $62.6 billion in assets and 9.8 million customers, a factsheet on its website states which also says FWD's minor shareholders include Swiss Re , GIC Ventures, RBJ Capital and Hopu Investments.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MET":"大都会人寿"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144411077","content_text":"HONG KONG, June 17 (Reuters) - Hong Kong tycoon Richard Li's insurer FWD said it has lodged an application to regulators for an initial public offering $(IPO.UK)$ in the United States.\nThe company did not disclose the size of the IPO, but the deal could raise between $2 and $3 billion, people familiar with the matter said.\nA fundraising of that size would value FWD at $13 billion to $15 billion, they added.\nFWD declined to comment on the potential size of the deal.\nThe number of American Depositary Shares $(ADS)$ and price range have yet to be determined, a statement from the company said.\n\"The IPO is expected to take place after the SEC (U.S. Securities and Exchange Commission) completes its review process, subject to market conditions,\" it added.\nThe IPO filing comes under FWD holding company PCGI Intermediate.\nRichard Li is the son of Hong Kong's richest man Li Ka-Shing. Billionaire Li laid the foundation for FWD in 2012 with the acquisition of ING's Hong Kong, Macau and Thailand units for $2.1 billion and has continued this bolt-on approach since.\nThe company's major acquisitions included its $3 billion purchase of Siam Commercial Bank's life insurance unit in Thailand in 2019, just days after agreeing to buy the Hong Kong operations of U.S. insurer MetLife Inc .\nFWD is the insurance business of Li's investment arm Pacific Century Group.\nFWD has businesses across 10 Asian markets led by Hong Kong, Indonesia, Japan and Macau, according to its website.\nThe company has $62.6 billion in assets and 9.8 million customers, a factsheet on its website states which also says FWD's minor shareholders include Swiss Re , GIC Ventures, RBJ Capital and Hopu Investments.","news_type":1,"symbols_score_info":{"MET":0.9}},"isVote":1,"tweetType":1,"viewCount":1069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161991071,"gmtCreate":1623899223393,"gmtModify":1703822987259,"author":{"id":"3582783153434398","authorId":"3582783153434398","name":"Nugatory","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582783153434398","authorIdStr":"3582783153434398"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161991071","repostId":"1166786117","repostType":4,"repost":{"id":"1166786117","kind":"news","pubTimestamp":1623897531,"share":"https://ttm.financial/m/news/1166786117?lang=&edition=fundamental","pubTime":"2021-06-17 10:38","market":"us","language":"en","title":"Vita Coco Owner Is Planning an IPO at Over $2 Billion Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1166786117","media":"Bloomberg","summary":"The owner of coconut water company Vita Coco is planning to go public this year after investors rush","content":"<div>\n<p>The owner of coconut water company Vita Coco is planning to go public this year after investors rushed to back Oatly Inc.’s initial public offering, according to people with knowledge of the matter.\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/vita-coco-owner-is-said-to-plan-ipo-at-over-2-billion-value?srnd=markets-vp\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vita Coco Owner Is Planning an IPO at Over $2 Billion Value</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVita Coco Owner Is Planning an IPO at Over $2 Billion Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 10:38 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-16/vita-coco-owner-is-said-to-plan-ipo-at-over-2-billion-value?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The owner of coconut water company Vita Coco is planning to go public this year after investors rushed to back Oatly Inc.’s initial public offering, according to people with knowledge of the matter.\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/vita-coco-owner-is-said-to-plan-ipo-at-over-2-billion-value?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COCO":"The Vita Coco Company, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/vita-coco-owner-is-said-to-plan-ipo-at-over-2-billion-value?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166786117","content_text":"The owner of coconut water company Vita Coco is planning to go public this year after investors rushed to back Oatly Inc.’s initial public offering, according to people with knowledge of the matter.\nAll Market Inc., which also owns Runa energy drinks and water brand Ever & Ever, aims tolist its sharesin the U.S. as soon as the third quarter, the people said, asking not to be identified discussing private information. The company could be valued at more than $2 billion in an IPO, the people said.\nAny potential listing plans are not finalized, and could change.\nLaunched in New York in 2004, Vita Coco now makes flavored, sparkling and caffeinated coconut waters, as well as coconut oil and milk alternatives. All Market acquired Runa, an energy drink made from plants found in the Amazon rainforest, in 2018, and started selling water bottled in aluminum the following year.\nThe global wellness market -- which encompasses fitness, health, nutrition, appearance, sleep and mindfulness -- is already worth more than $1.5 trillion, and is set to grow by 5% to 10% annually, according to McKinsey & Co. research.\nShares of Oatly, which makes oat-based substitutes for milk, yogurt and ice cream, have jumped more than 60% since its May debut to give it a market value of $16 billion. In its listing documents, Oatly cited aZeno Groupstudy that found 90% of millennials said they would act in support of a “purposeful brand.”\nEarly investors in Vita Coco included Madonna, Matthew McConaughey and Demi Moore. The company also counts Verlinvest, an investment firm that focuses on so-called purpose-led brands, and Strand Equity among its backers, the firms’ websites show. Both firms also invested in Oatly. Vita Coco is also backed by the Reignwood Group.\nA representative for Vita Coco didn’t respond to requests for comment.","news_type":1,"symbols_score_info":{"COCO":0.9}},"isVote":1,"tweetType":1,"viewCount":1297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}