Constellation Said to Plan IPO for Canadian Wine Unit

Constellation Brands, the beer, wine and spirits producer and marketer, is seeking a valuation of roughly $1 billion (US$771 million) for the initial public offering of its Canadian wine business later this year, according to people familiar with the matter. Bloomberg's Scott Deveau reports. (Source: Bloomberg)

Saudi Aramco Said to Prepare for Delayed IPO
04:34 - Emad Mostaque, co-chief investment officer at Capricorn Fund Managers, and Bloomberg's Javier Blas discuss a potential delay for the initial public offering of Saudi Arabia's state-owned oil company Saudi Aramco. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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