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Exclusive-Logistics giant Lineage raises $4.45 billion in biggest IPO in 2024

Summary by WTVB
By Echo Wang NEW YORK (Reuters) – Lineage, the world’s largest operator of cold-storage warehouses, raised $4.45 billion in its U.S. initial public offering, setting it up for the biggest stock market debut globally this year, two people familiar with the matter said on Wednesday. The Novi, Michigan-headquarted company priced just under 57 million shares in New York at $78 apiece, the upper end of its indicated range of $70 to $82, the sourc…

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