Endeavor Aims to Raise $511 Million in IPO, Valuing Company at $10 Billion

  • 📰 Variety
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Endeavor aims to raise about $511 million with its initial public offering that will value the parent company of WME and UFC at about $10 billion. Early Tuesday, Endeavor filed its full prospectus …

aims to raise about $511 million with its initial public offering that will value the parent company of WME and UFC at about $10 billion.

Early Tuesday, Endeavor filed its full prospectus with the Securities and Exchange Commission. The company aims to sell 21.3 million shares priced at $23-$24. Endeavor is also doing a private sale of preferred shares to raise about $1.7 billion in order to buy out the remaining 49% of UFC that it does not already own.

In its registration statement filed last month, Endeavor reported revenue of $3.5 billion for 2020 and a net loss of $625.3 million. The company previously sought to go public in 2019 but pulled the offering at the last minute.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 108. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen