TVPT News

Nine IPOs raised $5.8 billion during the week of September 22, the IPO market's third-highest capital raise of the year behind a surge in late-July and the week of September 15, where Alibaba (BABA) raised $21.8 billion. The week of September 22 saw the year's 200th IPO price and featured a diverse group of industries, including technology, energy, retail, banking, biotech...read more

Travelport Worldwide, which operates the third-largest global distribution system for the travel industry, raised $480 million by offering 30 million shares at $16, the high end of the $14 to $16 range. At that price, the company commands a market value of $1.9 billion. Travelport Worldwide plans to list on the NYSE under the symbol TVPT. Morgan Stanley, UBS Investment Bank,...read more

On the heels of Alibaba's (BABA) successful debut, the upcoming week could prove to be a litmus test for the IPO market, with ...read more

Travelport Worldwide, which operates the third-largest global distribution system (GDS) for the travel industry, announced terms for its IPO on Thursday. The Atlanta, GA-based company plans to raise $450 million by offering 30 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Travelport would command a fully diluted market value of $1.9 billion. ...read more