The political connections of investors raise questions about Alibaba as it prepares to go public in the U.S. The New York Times reports.» Read More
Tom Kloet, CEO of TMX Group, discusses Chinese companies listing in North America and says the TMX index focuses on attracting the mid-caps.
HONG KONG/ Shanghai, June 10- China shares ended a choppy morning trade up on Tuesday, led by strong gains in financial counters after China detailed which banks would benefit from a recent cut of required reserves ratios.
JPMorgan, Morgan Stanley and Citigroup are underwriting the IPO, the company said in a preliminary prospectus filed with the U. S Securities and Exchange Commission. Avolon is backed by private equity firms Cinven Ltd, CVC Capital Partners Ltd and Oak Hill Capital Partners, as well as Singapore's sovereign wealth fund.
June 9- Aircraft leasing company Avolon Holdings Ltd filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common shares. J.P. Morgan, Morgan Stanley, and Citigroup were underwriting the IPO, the company told the U. S Securities and Exchange Commission in a preliminary prospectus.
June 9- Aircraft leasing company Avolon Holdings Ltd filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of common stock. J.P. Morgan, Morgan Stanley, and Citigroup were underwriting the IPO, the company told the U. S Securities and Exchange Commission in a preliminary prospectus.
June 9- Web hosting company GoDaddy Inc filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of Class A common stock. Morgan Stanley, J.P. Morgan and Citigroup are the lead underwriters for the IPO, Scottsdale, Arizona- based GoDaddy told the U. S Securities and Exchange Commission in a preliminary prospectus.
As print media struggles to make profits, Time Inc. went public. FMHR traders Stephanie Link and Joe Terranova debate the play on Time Inc.
DAR ES SALAAM, June 9- A Tanzanian unit of Australia's Swala Energy Ltd is selling an almost 10 percent stake worth 4.8 billion shillings in an initial public offering on the east African nation's newly launched bourse for small firms.
*IPO priced at 220- 290 pence per share. LONDON, June 9- Lloyds Banking Group said on Monday it would sell a quarter of its shares in TSB, through a listing on the London stock market priced at below the business's book value.
June 6- WL Ross Holding Corp, a special purpose acquisition company set up by billionaire Wilbur Ross, raised $435 million in an initial public offering of common units. The company said its offering of 43.5 million units was priced at $10 per unit. Deutsche Bank Securities and BofA Merrill Lynch were the lead underwriters for the offering.
*Qingdao Port shares close at HK $3.71 vs IPO price of HK $3.76. QINGDAO, China/ SYDNEY, June 6- Some copper cargoes held at China's Qingdao Port were being shipped to more regulated LME warehouses, industry sources said, as banks and trading houses took precautions over a probe into metal financing at the world's seventh-busiest port.
HONG KONG, June 5- As Alibaba prepares for what could be the biggest tech company IPO to date, the Chinese e-commerce giant has been counselling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.
San Francisco 49ers tight end Vernon Davis, and Buck French, Fantex Brokerage Services co-founder & CEO, discuss the strategy of buying stock in start athletes and building the Vernon Davis brand.
June 4- Airline ticketing company Travelport Worldwide Ltd, owned by private equity firm Blackstone Group LP, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock. The Atlanta, Georgia- based company listed Morgan Stanley and UBS Securities as lead underwriters for the offering.
June 4- Airline ticketing company Travelport Worldwide Ltd, backed by private equity firm Blackstone Group LP, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock.
An exemption from Dubai IPO rules granted by regulators to real estate giant Emaar Properties, which will permit an offer worth up to $2.45 billion, is a sign of the times, said Husam Hourani, managing partner at Al Tamimi& Company.
Bruce Aust, head of listings at NASDAQ, discusses why a lot of European companies decide to list in the U.S. and says that it will be a "very busy summer" IPO-wise.
June 3- Canada- based supply chain software maker Kinaxis Inc said it would now sell its shares at a lower price in its initial public offering than earlier planned. The company said it would offer the shares at C $13 each, lower than its previous target of C $14- C $16, according to documents filed with regulators. http://r.reuters.com/fax79v.
SHANGHAI, June 3- China's yuan firmed marginally against the dollar on Tuesday despite the central bank setting a weaker mid-point, as major banks sold dollars as China's markets reopened after a holiday on Monday.
NEW YORK, June 2- Private equity firms Warburg Pincus LLC and Vestar Capital Partners Inc are exploring an initial public offering of Triton Container International Ltd that could value the company at more than $6 billion, including debt, said three people familiar with the matter.