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Search resuls for: "Guzman Y Gomez"


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An exterior view of the Guzman Y Gomez Mexican Kitchen on June 13, 2024 in Port Macquarie, Australia. Mexican-themed fast-food chain Guzman y Gomez made a stellar debut on the Australian Stock Exchange on Thursday, with its shares soaring as much as 39.1%. Guzman y Gomez, which first announced its IPO on May 31 with an offer size of 11.1 million shares, upsized it to 15.3 million shares, raising AU$335.1 million. Guzman y Gomez's IPO is Australia's largest since chemical distributor Redox's offering in July 2023 and the fourth offering above $100 million in the past two years, according to Bloomberg. Barrenjoey and Morgan Stanley were the joint bookrunners for Guzman y Gomez's IPO.
Persons: Guzman Y Gomez, Guzman y Gomez, Guzman y, Barrenjoey, Morgan Stanley, Guzman Organizations: Australian Stock Exchange, Capital Research Global Investors, Bloomberg, Guzman y Locations: Port Macquarie, Australia, Sydney, Singapore, Japan, United States
CNBC Daily Open: Le Pen's 28-year old protégé
  + stars: | 2024-06-20 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China holds rates, stocks dipMarkets in the Asia-Pacific region were trading mostly lower after the People's Bank of China held interest rates unchanged. Russia-North Korea partnershipRussia and North Korea signed a "comprehensive strategic partnership" deal on Wednesday, including a mutual defense pact, during President Vladimir Putin's first state visit to North Korea in 24 years. Musk clarifies remarksElon Musk attempted to clarify his controversial remarks after advertisers threatened to leave X. Musk previously told advertisers to "go f--- yourself."
Persons: Hai Precision Industry —, Foxconn —, Australia's, Guzman Y Gomez, Vladimir Putin's, Putin, Kim Jong Un, CNBC's Holly Ellyatt, Elon Musk, Musk, Goldman Sachs Organizations: New York Stock Exchange, CNBC, People's Bank of China, CSI, Hai Precision Industry, Nikkei, of England, Cannes Lions Locations: New York City, China, Asia, Pacific, Seng, Taiwan, Russia, North Korea, Ukraine, Cannes, France, Europe
Read previewAsia's version of Chipotle — a Mexican fast-casual chain called Guzman y Gomez — just went public in Australia. The initial public offering brings GYG's valuation to 2.2 billion Australian dollars, or $1.47 billion. The US-based Mexican fast food chain is valued at $94 billion and posted a revenue of nearly $10 billion last year. Chipotle owns and operates all of its restaurants, unlike GYG, which follows a franchise model. They are only available to institutional investors, eligible employees and franchise holders, and retail clients of brokerages who have been allocated GYG shares, the company said in a pre-IPO release.
Persons: , Guzman y Gomez —, GYG, Steven Marks, Marks, Chipotle, Michael Hutchens, didn't, Hutchens, brokerages Organizations: Service, Australian Securities Exchange, Business, Morningstar, Growth Partners, Barrenjoey, Cooper Investors, Hyperion Asset Management, Firetrail Investments, QVG Locations: Mexican, Australia, Sydney, Singapore, Japan, North America, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGuzman y Gomez IPO could take place in late 2024 or 2025, co-CEO saysSteven Marks and Hilton Brett, co-CEOs of the Mexican fast food giant, discuss the company's potential initial public offering.
Persons: Guzman y Gomez, Steven Marks, Hilton Brett
Guzman Y Gomez's co-founder and CEO Steven Marks. Guzman Y GomezSYDNEY — When Steven Marks landed a job at a top Wall Street hedge fund, he thought he had it made. Guzman Y Gomez's signature burrito bowl. Guzman Y Gomez"I had these plans to build a hotel by the beach," recalled Marks. Steven Marks Co-founder and CEO, Guzman y Gomez"I poached the best staff from Latin American restaurants and brought in chefs from Mexico," he said.
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