NewsRTR: Logistics giant Lineage raises $4.4bn in biggest IPO of 2024

July 25, 2024by 0

REUTERS reports:
Lineage, the world’s largest operator of cold-storage warehouses, raised $4.44 billion in its U.S. initial public offering, setting it up for the biggest stock market debut globally this year, the company said on Wednesday.
The Novi, Michigan-headquartered company priced just under 57 million shares in New York at $78 apiece, the upper end of its previously indicated range of $70 to $82.
Earlier in the day, Reuters exclusively reported the pricing …

The post RTR: Logistics giant Lineage raises $4.4bn in biggest IPO of 2024 appeared first on The Loadstar.

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