Discussing the market and social reforms in China, and why you should be investing there, with Martin Kremenstein, Deutsche Asset and Wealth Management. "If you are going to have international equities, you should have some allocation to China," he says.» Read More
JPMorgan will probably lead the automaker in its public offering, reports Kate Kelly with the latest detail on the potential offering.
HONG KONG, Sept 19- A recent shouting match between senior bankers involved in Hong Kong's second-largest IPO so far this year illustrates the competitive squeeze on banks from Chinese companies offering incentives ahead of lucrative initial public offerings.
HONG KONG, Sept 19- China Huishan Dairy Holdings Co Ltd looks set to raise all or almost all of the $1.3 billion it is seeking in its IPO, giving it muscle to build on a strong position in an industry that is expected to see explosive growth but also much consolidation among players.
Sept 18- Shares of Mexico's low-cost airline Volaris rose as much as 13 percent on the New York Stock Exchange in their U.S. debut on Wednesday, after the company raised about $350 million through an initial public offering. Volaris's ADS opened at $12.76 at about 9:45 a.m. ET and touched a high of $13.58 in heavy volume trading early on Wednesday.
In an wide-ranging exclusive interview, CNBC's Andrew Ross Sorkin talks with Lloyd Blankfein, Goldman Sachs chairman & CEO, about cuts in the Fed's bond-buying program; the move higher in interest rates; the trade in gold; the best candidate to head the Fed; joining the Dow, and how regulations are impacting the banking industry.
SYDNEY, Sept 18- Online jobs portal Freelancer.com is planning an initial public offering in Australia this year after knocking back several attempts to buy it, including a $400 million approach from Japanese recruitment firm Recruit Holdings Co.. Investment fund Startive Capital owns another 42 percent of Freelancer, while unnamed investors hold the rest.
HONG KONG, Sept 18- China Huishan Dairy, which owns the country's second largest herd of dairy cows, is set to price its up to $1.3 billion IPO at or very close to the top of an indicative range, IFR reported, citing sources familiar with the deal. The planned Hong Kong listing has an indicative range of HK $2.28- $2.67, added IFR, a Thomson Reuters publication.
Sept 17- Huntsman Corp is buying Rockwood Holdings Inc's titanium dioxide pigments business for $1.1 billion cash, a deal that could mark the start of a long-expected shake-up in the volatile industry.
DUBAI, Sept 17- Just Falafel, a United Arab Emirates- based franchise restaurant offering the traditional Arab food, has hired an advisor to help arrange an initial public offer of shares on the Nasdaq Dubai bourse as soon as October, sources said.
Checkers, owned by private equity firm Wellspring Capital Management, has hired Piper Jaffray and Jefferies to help with the offering, the sources said. Piper Jaffray could not immediately be reached for comment.
*Deutsche, Citi to advise on London flotation-sources. DUBAI, Sept 17- DAMAC Properties, a privately held Dubai property developer, has hired two international investment banks to help arrange an initial public offering of shares in London and join a growing list of Gulf companies seeking overseas listings.
DUBAI, Sept 17- DAMAC Properties, a privately held Dubai property developer, has hired Deutsche Bank and Citigroup Inc to help arrange an initial public offer of its shares in London, two banking sources aware of the matter said. Deutsche Bank declined to comment, while a spokesman for Citigroup in Dubai was not immediately available for comment.
Scott McNealy, former chairman of Sun Microsystems, weighs in on Twitter's IPO and discusses where he is seeing the most action in Silicon Valley and the future of technology.
David Jones, chief market strategist at IG, talks about the upcoming Twitter IPO as the expected market cap on the grey market has risen to over $15 billion.
Sept 16- Mortgage insurer Essent Group Ltd filed to raise up to $287.5 million in an initial public offering of its common stock as the company looks to benefit from a recovering U.S. residential housing market. Bermuda- based Essent, which has about 800 customers, reported new insurance written of $10.2 billion for the six months ended June 30.
Sept 16- Premier Inc, which supplies medical and surgical products to hospitals, is set to raise as much as $733 million from its initial public offering of 28.2 million shares after it said the shares were expected to be priced between $23 and $26 each.
MILAN, Sept 16- U.S. carmaker Chrysler plans to file documents this week that would allow its minority investor to sell shares in a stock market listing, bringing to a head a battle with majority owner Fiat which wants to take full control of the business.
Sept 16- Flash storage provider Violin Memory, backed by Toshiba Corp, expects to raise as much as $180 million from its initial public offering of 18 million shares. Toshiba's holding in the company will fall to 11 percent from 14 percent after the offering.
A clutch of hot Silicon Valley names that have steered clear of the markets may now gravitate back if Twitter helps revive investor interest in consumer apps and dotcoms.
SAN FRANCISCO, Sept 13- Without making financial details public, Twitter filed with regulators this week for an IPO, a deal that would be the most keenly anticipated Silicon Valley debut since Facebook Inc's in 2012.. The company is flush with cash, having privately raised more than $1 billion over the years.