Leonardo postpones DRS IPO due to adverse market conditions_老虎社区_美港股上老虎

Leonardo postpones DRS IPO due to adverse market conditions

Reuters2021-03-24

MILAN, March 24 (Reuters) - Leonardo has postponed the initial public offering of its U.S. electronics unit DRS

, saying adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday.

The IPO of DRS, which counts the U.S. military as a customer, was launched last week.

Leonardo, which aimed to complete the listing by the end of March, was offering about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, valuing the stake at up to $701.8 million.

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Leonardo has postponed the initial public offering of its U.S. electronics unit DRS</p>\n<p>, saying adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday.</p>\n<p>The IPO of DRS, which counts the U.S. military as a customer, was launched last week.</p>\n<p>Leonardo, which aimed to complete the listing by the end of March, was offering about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, valuing the stake at up to $701.8 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DRS":"Leonardo DRS, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121459378","content_text":"MILAN, March 24 (Reuters) - Leonardo has postponed the initial public offering of its U.S. electronics unit DRS\n, saying adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday.\nThe IPO of DRS, which counts the U.S. military as a customer, was launched last week.\nLeonardo, which aimed to complete the listing by the end of March, was offering about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, valuing the stake at up to $701.8 million.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":351130206,"gmtCreate":1616573101605,"gmtModify":1634525139732,"author":{"id":"3566966810662099","authorId":"3566966810662099","name":"TeenPopZ","avatar":"https://static.tigerbbs.com/8c1bdc62c66e3417a063fc38a4171048","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3566966810662099","idStr":"3566966810662099"},"htmlText":"Like me","listText":"Like me","text":"Like me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/351130206","repostId":2121459378,"repostType":4,"repost":{"id":"2121459378","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":1616570988,"share":"https://www.laohu8.com/m/news/2121459378?lang=&edition=full","pubTime":"2021-03-24 15:29","market":"us","language":"en","title":"Leonardo postpones DRS IPO due to adverse market conditions","url":"https://stock-news.laohu8.com/highlight/detail?id=2121459378","media":"Reuters","summary":"MILAN, March 24 (Reuters) - 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Leonardo has postponed the initial public offering of its U.S. electronics unit DRS</p>\n<p>, saying adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday.</p>\n<p>The IPO of DRS, which counts the U.S. military as a customer, was launched last week.</p>\n<p>Leonardo, which aimed to complete the listing by the end of March, was offering about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, valuing the stake at up to $701.8 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DRS":"Leonardo DRS, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121459378","content_text":"MILAN, March 24 (Reuters) - Leonardo has postponed the initial public offering of its U.S. electronics unit DRS\n, saying adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday.\nThe IPO of DRS, which counts the U.S. military as a customer, was launched last week.\nLeonardo, which aimed to complete the listing by the end of March, was offering about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, valuing the stake at up to $701.8 million.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":351102928,"gmtCreate":1616571538264,"gmtModify":1634525146441,"author":{"id":"3572571664064025","authorId":"3572571664064025","name":"rainman95","avatar":"https://static.tigerbbs.com/09f5cf470640486a0ceddbbc72bc8eed","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3572571664064025","idStr":"3572571664064025"},"htmlText":"pls like and commend","listText":"pls like and commend","text":"pls like and commend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/351102928","repostId":2121459378,"repostType":4,"repost":{"id":"2121459378","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":1616570988,"share":"https://www.laohu8.com/m/news/2121459378?lang=&edition=full","pubTime":"2021-03-24 15:29","market":"us","language":"en","title":"Leonardo postpones DRS IPO due to adverse market conditions","url":"https://stock-news.laohu8.com/highlight/detail?id=2121459378","media":"Reuters","summary":"MILAN, March 24 (Reuters) - Leonardo has postponed the initial public offering of its U.S. electroni","content":"<p>MILAN, March 24 (Reuters) - Leonardo has postponed the initial public offering of its U.S. electronics unit DRS</p>\n<p>, saying adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday.</p>\n<p>The IPO of DRS, which counts the U.S. military as a customer, was launched last week.</p>\n<p>Leonardo, which aimed to complete the listing by the end of March, was offering about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, valuing the stake at up to $701.8 million.</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>Leonardo postpones DRS IPO due to adverse market conditions</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; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nLeonardo postpones DRS IPO due to adverse market conditions\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\">2021-03-24 15:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MILAN, March 24 (Reuters) - Leonardo has postponed the initial public offering of its U.S. electronics unit DRS</p>\n<p>, saying adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday.</p>\n<p>The IPO of DRS, which counts the U.S. military as a customer, was launched last week.</p>\n<p>Leonardo, which aimed to complete the listing by the end of March, was offering about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, valuing the stake at up to $701.8 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DRS":"Leonardo DRS, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121459378","content_text":"MILAN, March 24 (Reuters) - Leonardo has postponed the initial public offering of its U.S. electronics unit DRS\n, saying adverse market conditions did not allow for an adequate valuation, the Italian defence and aerospace group said on Wednesday.\nThe IPO of DRS, which counts the U.S. military as a customer, was launched last week.\nLeonardo, which aimed to complete the listing by the end of March, was offering about 31.9 million shares of Leonardo DRS, or a 22% stake, on the New York Stock Exchange for $20 to $22 per share, valuing the stake at up to $701.8 million.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3869374,"gmtCreate":1616571718026,"gmtModify":1635749976305,"authorId":3576135836751997,"author":{"id":3576135836751997,"idStr":"3576135836751997","authorId":3576135836751997,"name":"我要发财啦","avatar":"https://static.tigerbbs.com/35c5295630f140c2395a05f0c09c25b5","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":351102928,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":11,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}