• Slack Plans to Take a Page From Spotify and Forego IPO for a Direct Offering: Report

    5 monthes ago - By Fortune

    Slack is reportedly planning to go public by listing its shares directly on a stock exchange, bypassing the traditional IPO process in favor of a more unconventional path that brought Spotify to the public stock market last year.
    According to the Wall Street Journal , Slack could go public in the second quarter of this year. Instead of the formal IPO underwriting process, in which investment banks line up institutional investors via a process some startups consider too costly, Slack currently expects to use a direct offering, although those plans could change, the Journal said.
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  • AccorHotels Raises the Price Offered in Its Tender Offer for Orbis Shares to a Final PLN 95.0 Per Share

    5 monthes ago - By Hotel News Resource

    On November 26, 2018, AccorHotels launched a Tender Offer for the acquisition of the 21,800,593 shares of Orbis it did not own on the day of the announcement, representing 47.31% of the share capital, at a price of PLN 87.0.
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