Reported 9 months ago
Temperature-controlled storage and logistics company Lineage Inc. has filed for an initial public offering in the US, working with KKR & Co. as its lead financial adviser and involving over 20 underwriters and financial institutions. Lineage is seeking to raise over $3 billion in what may be the largest first-time share sale of the year, aiming for a valuation exceeding $30 billion. The company has 482 warehouses and 3 billion cubic feet of capacity as of March 31, with plans for shares to trade on Nasdaq under the symbol LINE.
Source: YAHOO