Food
Jacobs Douwe Egberts is merging with Peet's Coffee, its American competitor that is also owned by the JAB Holding Company. The idea is to introduce the merger company to the stock exchange.
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Is Impossible Foods considering an IPO? The manufacturer of the plant-based Impossible Burger, is certainly in talks with investors about a new capital round...
Fashion
Canadian department store group Hudson's Bay is being delisted from the stock market: a group of shareholders is prepared to pay seven euros per share to take the group into its own hands.
Belgian beer giant AB InBev is trying again to get its Asian subsidiary, the Budweiser Brewing Company, floated on the Hong Kong stock exchange. Two months ago, the first attempt failed due to lack of interest.
Beyond Meat, a pioneer in ‘meaty’ plant-based products, is looking for new money: after a quarter of strong growth but with increasing losses, the American food brand brings new shares to the stock market.
Belgian beer giant AB InBev has decided to cancel the IPO of its Asian branch: demand for the stock was expected to disappoint due to its launch price, which American investors thought was too high. The supposedly biggest FMCG flotation of all time therefore is no more.
On July 19th, AB InBev's Asian branch will be listed on the Hongkong stock market. The beer giant offers 1.6 billion shares at a rate of 40 to 47 Hongkong dollars (4.5 to 5.3 euros) per share.
Levi Strauss, better known as Levi's, will be opening another 100 stores, mostly in Europe and China. The brand is doing extremely well and sold 7% more products in the past quarter.
American jeans manufacturer Levi Strauss has made a comeback on Wall Street after 34 years. And it has done so with success: the initial price of 17 dollars was already higher than what the merchant banks were aiming for, and it immediately made a sharp increase of more than 30%.
AB InBev is looking for money to settle its substantial debts: the world's largest brewing company has managed to raise 13.5 billion euros with a new bond offering and is also considering to float its Asian branch.
Belgian fashion group FNG has collected 60 million euros by issuing new shares. The new shares will be traded on the Amsterdam Stock Exchange and - for the first time - on the Brussels Stock Exchange as well.
Furniture
German investment group Rocket Internet has brought yet another one of its ventures to the stock exchange. Following Zalando, HelloFresh and Delivery Hero, it was online furniture store Home24's turn to raise investments for growth acceleration this way.
Belgian fashion group FNG hopes it can enter the Brussels stock exchange as early as next month, in order to secure a lot of new investments for the further expansion of its Brantano chain.
m-Tail
Rocket Internet wants to go public with its furniture web shop Home24 in the summer. During the next few months, it will work tirelessly to improve the web shop’s results.
According to financial press agency Bloomberg, investment company Carlyle Group ordered Rothschild bankers to prepare an IPO for Hunkemöller.
Mealbox delivery service HelloFresh’ share on the Frankfurt stock exchange managed to hold firm on its first day, hovering around 10.5 euro.
