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-0.000283553875236306 -0.000697542533081204 -0.000283553875236306 -0.000661625708884624 0.00340264650283553 0.00321361058601137 0.00141776937618153 0.0024102079395086
Stock impact report

Cold Storage REIT Lineage Files for US IPO With Over 20 Banks [BNN Bloomberg (Canada)]

KKR & Co. Inc. (KKR) 
Last kkr & co. inc. earnings: 1/31 06:50 am Check Earnings Report
US:NYSE Investor Relations: ir.kkr.com
Company Research Source: BNN Bloomberg
The real estate investment trust is working with KKR & Co. as its lead financial adviser and named 20 underwriters as well as other financial institutions in its filing Wednesday with the US Securities and Exchange Commission. The company won't disclose terms of the proposed share sale until a subsequent filing. Novi, Michigan-based Lineage is seeking to raise more than $3 billion in the IPO, Bloomberg News has reported, in what would be the largest first-time share sale this year. It may target a valuation of more than $30 billion, people familiar with the matter have said. US IPO volume has recovered in the first six months of this year from a relatively quiet period, with companies raising about $20 billion. That's the best start to a year since 2021, data compiled by Bloomberg show. Lineage, led by Chief Executive Officer Greg Lehmkuhl and backed by Bay Grove Capital, has 482 warehouses with 3 billion cubic feet of capacity as of March 31, the filing shows. Bay Grove will c Show less Read more
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