The Portea IPO looks like a rescue act

The draft prospectus of the nine-year-old health tech company is about a stagnant business and a brutal sector.

15 July, 20228 min
0
The Portea IPO looks like a rescue act

You may also like

Business
Story image

Duroflex wakes up as Wakefit closes in on an IPO

The six-decade old mattress maker files its draft IPO papers just as Wakefit wins approval for a public market debut—setting up a bruising battle for the No. 2 spot.

Internet
Story image

In India’s Lenskart IPO, a success for ADIA

The sovereign wealth fund’s big bet on the Indian eyewear company, Microsoft’s AI win in the Emirates and other updates from the week.

Internet
Story image

Takeaways from Dubizzle’s rare pause on IPO

The classifieds company postponed its influential public listing on the Dubai stock exchange. A mismatch of expectations was at the core of it.