Seibu Holdings Inc. President Takashi Goto is seeking to relist Japan’s biggest hotel chain after a nearly 10-year hiatus. Now he needs to court investors made wary by two other recent IPOs that flopped.
Seibu Holdings Inc., owner of Japan’s biggest hotel chain, reduced the size of its initial public offering by at least 73 percent with its largest shareholder opting out after investors balked at the valuation.
Applus Services SA, a Carlyle Group LP-backed inspection company for industries including transport and energy, and online travel agency EDreams Odigeo are moving ahead with initial public offerings in further signs of a market recovery in Spain.
IMS Health Holdings Inc., the health-care focused information-technology company taken private four years ago, seeks to raise as much as $1.37 billion in its initial public offering, valuing itself at almost $7 billion.