Lineage Inc., the world's largest cold-storage warehouse operator, raised $4.45bn in its US IPO, marking the largest stock market debut globally in 2021.
Temperature-controlled storage and logistics giant Lineage Inc. raised $4.45bn in its US IPO, making it the biggest stock market debut globally this year. Lineage, the world's largest operator of cold-storage warehouses, priced just under 57 million shares at $78 each, the upper end of its indicated range of $70 to $82. The IPO values Lineage at more than $18bn and is the biggest since chip designer Arm's $4.87bn offering last September.
July 24, 2024
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