IPO News Archive

Alon Brands withdraws $100 million US IPO

5/8/12


Alon Brands, which operates 7-Eleven convenience stores and markets the FINA brand of motor-fuels, withdrew its plans for an initial public offering on Tuesday. Alon Brands made its initial filing in November 2008 to raise $100 million. The Dallas, TX-based company was founded in 2002 and booked $1 billion in sales for the 12 months ended 12/31/2010.
Keywords/Tickers: ABO
Source: www.RenaissanceCapital.com
blog comments powered by Disqus
Attribution Policy: The information contained herein is proprietary and copyrighted. The media is welcome to use our information and ideas, provided that the following sourcing is included: Renaissance Capital, Greenwich, CT (www.renaissancecapital.com).
Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital and/or the Global IPO Fund (symbol: IPOSX) may have investments in securities of companies mentioned.
Invest in Global IPO Fund
About Fund Prospectus Invest