Feb 1- Shares of Pfizer Inc's animal health subsidiary Zoetis Inc rose 21 percent in their New York Stock Exchange debut on Friday. Shares opened at $31.50 after the Madison, New Jersey- based company raised $2.2 billion in the largest initial public offering from a U.S. firm since Facebook Inc.. Zoetis shares priced at $26, above their expected range of $22 to $25.
Pfizer's animal health business Zoetis has raised about $2.2 billion in its initial public offering of 86.1 million shares, and the stock is expected to begin trading Friday. The New York company priced the IPO at $26 per share, which is $1 above the top end of the range it estimated in filings with the Securities and Exchange Commission.
Jan 31- Pfizer Inc's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Zoetis' over $2 billion public offering is the largest from a U.S. company since Facebook raised $16 billion last May.
Jan 31- Pfizer Inc's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Madison, New Jersey- based Zoetis, which priced 86.1 million shares at $26, is now valued at around $13 billion.
Jan 31- Pfizer Inc's animal health subsidiary Zoetis raised $2.2 billion in its public offering on Thursday, becoming the largest IPO from a U.S. company since Facebook. Madison, New Jersey- based Zoetis, which priced 86.1 million shares at $26, is now valued at around $13 billion.
WATERTOWN, Mass.-- Bright Horizons, a provider of child care services, has raised $222.2 million in an initial public offering of its stock. The company said on Friday that it priced 10.1 million shares for $22 each, above the expected price range of $19 to $21 per share.
*SEC to decide by March 29, instead of Jan. 28. NEW YORK, Jan 24- U.S. securities regulators will delay, by another two months, a ruling on Nasdaq OMX Group's $62- million plan to compensate firms that suffered losses during Facebook's botched initial public offering in May.
*Looking to renegotiate supply deal with China's Chalco. ULAN BATOR, Jan 24- Mongolia's giant Tavan Tolgoi coal project is facing financial problems and an up to $3 billion initial public offering for the mine will not go ahead this year as originally scheduled, the chief executive of the company in charge of the deposit said on Thursday.