Logistics giant Lineage raises $4.45b in this year's biggest IPO so far

Logistics giant Lineage raises $4.45b in this year's biggest IPO so far

FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. REUTERS/Jeenah Moon

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.