CAIRO, June 5- Construction and fertiliser group OCI N.V. plans to sell a minority stake in a methanol and ammonia plant in the United States in an initial public offering in the second half of 2013, it said on Wednesday.
KUALA LUMPUR, June 5- Malaysian billionaire Vincent Tan is considering listing his 7- Eleven convenience-store franchise as early as this year, state news agency Bernama reported. "We are looking at several options to raise money to pay the banks," Tan, who owns 36.1 percent of the club, was quoted as saying by Bernama.
BEIJING, June 1- China's securities watchdog has punished two brokerages for violating rules in helping fraudulent firms to list shares, underlining Beijing's determination to bring credibility to a stock market some have likened to a casino.
WASHINGTON, May 29- Nasdaq OMX on Wednesday agreed to pay $10 million, the largest penalty ever levied against a stock exchange, to settle civil charges stemming from mistakes made during Facebook's initial public offering last year, U.S. securities regulators said on Wednesday.
Holders of more than 80 percent of the units that own the landmark skyscraper approved the plan to fold it into a newly created real estate investment trust called Empire State Realty Trust Inc. The green light came after more than a year of fighting between Malkin Holdings Plc, which has spearheaded the plan, and a small group of investors.
After more than a year of contentious relations between Malkin Holdings, which has spearheaded the plan, and a small group of investors, holders of more than 80 percent of the units of ownership in the 102- story skyscraper in New York's midtown Manhattan approved the plan to fold the skyscraper into a newly created real estate investment trust called Empire State Realty Trust Inc. The approval was disclosed in a U.S. Securities and Exchange Commission filing.
*Suntory unit approved to list on Tokyo exchange on July 3. May 29- Suntory Holdings Ltd received approval to list its core food and non-alcoholic beverage unit in Tokyo, paving the way for Asia's largest initial public offering this year worth $4.4 billion.
TOKYO, May 29- Suntory Holdings Ltd's food and non-alcoholic beverage unit has decided to issue 93 million new shares as part of its initial public offering, the company said in a regulatory filing on Wednesday.
TOKYO, May 29- Suntory Holdings Ltd's food and non-alcoholic beverage unit has decided to issue 93 million new shares as part of its initial public offering, the company said in a regulatory filing on Wednesday.
May 29- Suntory Holdings Ltd will get the green light to list its food and non-alcoholic beverage unit in Tokyo as it prepares to raise about $5 billion in Asia's largest initial public offering this year.
*IPO to be priced at $16.50- $18.50/ shr. May 28- Fragrance maker Coty Inc said it expected its initial public offering of up to 65.7 million Class A shares to be priced at between $16.50 and $18.50 each, raising as much as $1.2 billion.
May 22- Pfizer Inc said on Wednesday it will spin off its majority stake in animal health business Zoetis Inc to shareholders by allowing them to swap Pfizer stock for Zoetis stock at a 7 percent discount. Pfizer, the largest U.S. drugmaker, sold Zoetis shares in an initial public offering in February that raised $2.2 billion.
May 22- Pfizer Inc said on Wednesday that it would unwind its remaining stake in animal health business Zoetis Inc through an exchange offer in which shareholders can swap Pfizer stock for that of Zoetis at a discount. Giant pharmaceutical maker Pfizer spun off Zoetis shares in an initial public offering in February that raised $2.2 billion.
SAO PAULO, May 21- Spanish telecoms group Telefonica SA has put on hold plans to publicly list its Latin America unit, a senior executive said on Tuesday, but an IPO could be ready within a few months if the need arose.
SAN FRANCISCO, May 17- Strong debuts in the initial public offerings of two business software companies on Friday underscored a pattern in the market: While consumer companies like Facebook Inc get the buzz, enterprise companies are racking up most of the market gains.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.