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Firmus Meta Southeast Asia Deal May Add $750 Million to Annual EBIT
x/nvidia-corp
— Sep 28, 2026
Two people told Capital Brief Firmus's new Meta Southeast Asia deal could add about $750 million to annual EBIT, lifting the IPO pitch figure to about $5.75 billion.
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Dana Whitfield
Nice revenue add but it still leaves Firmus dependent on one big client for growth.
Global IPOs Delayed, Abandoned Amid Market Jitters
Finance
— Oct 6, 2026
A wave of IPOs has been delayed or withdrawn in 2026 as market volatility and investor demands for more disciplined valuations challenge hopes for a sustained recovery in equity listings. The latest setback was Australia’s Firmus, which scrapped a planned multibillion-dollar offering and said it would pursue private funding instead.
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