Private companies seeking to launch on stock markets have abandoned a series of ...
- Private companies seeking to launch on stock markets have abandoned a series of initial public offerings this year after a string of high-profile startups — most notably WeWork — failed to draw the expected interest from investors.
Here is a list of the most notable companies across the world to have pulled the plug on their IPOs in 2019: ** Waste management company GFL Environmental said earlier in November that it would cancel its initial public offering, with no immediate plans to revisit the markets, after institutional investors pressed the Canadian firm to price its shares below the marketed range.
** KKR and TPG Capital also canceled the IPO of Southeast Asia online realty company PropertyGuru, which had expected to raise up to A$380.2 million.
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