ADAM News

Adama Agricultural Solutions, the world's largest producer of off-patent crop protection chemicals, withdrew its plans for an initial public offering on Tuesday, citing changing company strategy. It had set terms for a $400 million IPO by offering 23.5 million shares at a price range of $16 to $18 in November 2014. The Airport City, Israel-based company was founded in 1945 and...read more

9 companies went public in the past week as the IPO market raised $3.5 billion. At 26 deals, November issuance fell one IPO short of last year, unless CVSL manages to price next week. November IPOs raised $7.2 billion and averaged 19% from the offer price, including 4% after the first day. Two companies rose over 100% on their debut, the ...read more

Adama Agricultural Solutions, the world's largest producer of off-patent crop protection chemicals, postponed its IPO on Thursday citing poor market conditions. The Airport City, Israel-based company, which was founded in 1945 and booked $3.2 billion in sales for the 12 months ended September 30, 2014, had planned to list on the NYSE under the symbol ADAM. Goldman Sachs, BofA...read more

10 deals are on the IPO calendar to raise $4.2 billion for the week of November 17, 2014. This should be the IPO market's largest equity raise in 8 weeks, led by the $2.3 billion initial public offering of office REIT Paramount Group. MLPs have been the yield play of 2014,...read more