Jack Ma struck a populist tone at the Clinton Global Initiative on Tuesday, saying Alibaba will continue to focus on small and mid-sized partners.» Read More
BERLIN, Sept 23- German venture capital group Rocket Internet, which has launched dozens of online start-ups, priced its initial public offering on Tuesday in a range of 35.50- 42.50 euros per share, valuing the company at up to 6.2 billion euros.
Sept 23- Colombian banking group Grupo Aval SA raised $1.26 billion, more than expected, from its initial public offering in New York on Tuesday, and plans to use the funds to bolster its banks' capital. J.P. Morgan Securities LLC, Goldman Sachs& Co, Citigroup Global Markets Inc and Morgan Stanley& Co LLC are underwriting the offering.
Sept 23- Colombian banking group Grupo Aval SA raised $1.1 billion after its U.S. initial public offering was priced at $13.50 per American Depositary Share. J.P. Morgan Securities LLC, Goldman Sachs& Co, Citigroup Global Markets Inc and Morgan Stanley& Co LLC are underwriting the offering.
BERLIN— German online games company Goodgame Studios has for the first time revealed financial details of its business amid reports it is planning a stock market floatation.
Sept 23- Colombian banking group Grupo Aval SA raised $1.1 billion after its U.S. initial public offering was priced at $13.50 per American Depositary Share. They are due to start trading on the New York Stock Exchange on Tuesday under the ticker "AVAL."
Sept 23- OM Asset Management Ltd, a unit of Anglo-South African financial group Old Mutual Plc, is expected to raise about $374 million in its initial public offering.
Sept 23- OM Asset Management Ltd, a subsidiary of British insurer Old Mutual Plc, said it expects its initial public offering of 22 million shares to be priced between $15 and $17 each.
MOSCOW, Sept 23- Gazprom Energoholding, the utility unit of Russia's top natural gas producer Gazprom, is planning an initial public offering of its shares in 2016, when foreign capital markets may become more open to Russian firms, its director general said.
SAN FRANCISCO— Yahoo may be losing some appeal on Wall Street now that U.S. investors can buy directly into Alibaba. The sell-off came even though Yahoo reaped more than $9 billion last week from selling some of its stake in Alibaba, as the Chinese e-commerce company held a record-setting initial public offering of stock.
T4U, which is controlled by Israel's Fishman Group, hired Bank of America Merrill Lynch, Itaú BBA SA, UBS AG and Citigroup Inc to manage the deal. The IPO plan, the first to be filed in Brazil in about a year, comes at a time when operators such as American Tower Corp expand in Brazil and demand for high-speed internet spurs the construction of thousands of towers.
NEW YORK— Shares of Chinese e-commerce powerhouse Alibaba Group Holding Ltd. slipped 4 percent during its second day of trading as some investors took profits and the broader market trended lower. Still, the stock price was still well above the $68 price tag set before Alibaba's IPO on Friday.
CNBC's David Faber provides insight to reports saying EMC held merger conversations with Hewlett-Packard. Faber says HP wanted a market deal, and EMC wanted a large premium.
Alibaba is officially known as the largest IPO on record, surpassing $25 billion, with the "Squawk on the Street" crew.
Sept 22- FMSA Holdings Inc, owned by private equity firm American Securities LLC, said it expected its initial public offering to be priced at $21- $24 per share, raising up to $1.07 billion. American Securities, through its affiliate ASP FML Holdings LLC, is selling all the 44.5 million shares in the offering.
Sept 22- FMSA Holdings Inc said it expected its initial public offering of 44.5 million common shares to be priced $21- $24 per share. The company, which provides sand and sand-based products to oil and gas exploration and production companies, will raise about $1.07 billion at the top end of the expected price range.
SEOUL, South Korea— South Korean Internet company Naver Corp. said Monday its popular Line instant messaging app won't go public on a stock exchange this year. Naver, which is Line's parent company, said in a regulatory filing that Line Corp. had ruled out going public in 2014..
HONG KONG, Sept 22- China shares tumbled on Monday as a new batch of initial public offerings started taking subscriptions while investors worried that a flash manufacturing survey due on Tuesday could be more evidence the Chinese economy is slowing significantly.
*Agile Property plunges after rights issue plan. HONG KONG, Sept 22- Hong Kong shares slumped to two-month lows on Monday, as investors fretted that a preliminary factory survey on Tuesday could provide more evidence of a slowdown in China. The China Enterprises Index of the top Chinese listings in Hong Kong slid 1.8 percent to its lowest since July 22.
HONG KONG, Sept 22- Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
HONG KONG, Sept 22- Alibaba Group Holding Ltd and some of its shareholders have sold an additional 48 million shares, a source with direct knowledge of the deal said on Monday, making its IPO the biggest-ever globally at a value of $25.03 billion.