29
Jul
The pricing of Lineage Inc.’s $4.4 billion first-time share sale helped make last week into the busiest for US initial public offerings in two and a half years. That excitement will be short-lived, according to bankers, who predict the rest of the summer will be more subdued.There was $6.1 billion worth of IPO activity in the US last week, according to data compiled by Bloomberg. Levels were boosted by temperature-controlled storage giant Lineage’s upsized offering and KKR & Co.-backed software company OneStream Inc.’s pricing above its marketed range to raise $490 million. Source link lol