KDC News

Knowlton Development, which designs and manufactures products for CPG companies, withdrew its plans for an initial public offering on Tuesday. It had filed to raise $800 million by offering 57.1 million shares at a price range of $13 to $15. It had also planned to dual list on the Toronto Stock Exchange. The Longueuil, Canada-based company was founded in 1990 and booked...read more

It was another busy week for the fall IPO market as 13 IPOs raised $4.6 billion led by restaurant payment processor Toast (TOST), which jumped 56% in its debut. Six SPACs also went public, and one IPO postponed: Canadian consumer products company Knowlton Development (KDC). The pipeline was fairly active, with seven IPOs and five SPACs...read more

Knowlton Development, which designs and manufactures products for CPG companies, postponed its IPO on Thursday. It had filed to raise $800 million by offering 57.1 million shares at a price range of $13 to $15. It had also planned to dual list on the Toronto Stock Exchange. Knowlton states that it is a global provider of value-added solutions to many of the world's leading...read more

Summer may be over, but the IPO market is just heating up as 14 IPOs are slated to raise $5.3 billion in the week ahead. The diverse group includes software, consumer products, payment technology, and more. The largest deal of the week, Freshworks (FRSH) plans to raise $855 million at a $9.6 billion market cap. The company’s core product is its customer...read more