Q: What are some of the biggest IPOs in the pipeline?
A: Investors are looking for a little something new for their portfolios again. And with the IPO pipeline filling up, investors will have plenty of choice.
Perhaps the biggest deal for investors to look forward to is the initial public offering of Chinese Internet company Alibaba. The company, which is a blend of eBay, Amazon and Google, is likely to raise more than $15 billion from its IPO, Reuters estimates. The deal would value the company at upwards of $140 billion. Given the strong performance of other Chinese Internet companies this year, investors will likely be eager to get a piece of Alibaba.
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Another hotly anticipated IPO is another Chinese deal: Weibo. The company runs an online global system that allows Chinese-speaking users to share information with each other. Weibo filed its plans to go public in March 14, and is expected to generate proceeds of $500 million, says IPOScoop.com.
Another large IPO in the pipeline is Phibro Animal Health, a company that makes products for animal nutrition. The company filed its plans to go public in March 2014. The deal is expected to generate proceeds of $230 million or more. Reportedly, Internet Web site operator GoDaddy is also looking at a deal.
There will be others. Due to changes in the way companies can file their IPO plans privately with regulators, there may be other deals in the works investors will find out about later.
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