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  • PSBC

    Capital Link Intl's Brett McGonegal says the overall Chinese banking sector is under pressure and there are no upside catalysts in the near term.

  • Postal Savings Bank

    Postal Savings Bank of China has not been very efficient as seen from its high cost-to-income ratio, says Sinopac Securities Asia's Ivan Li.

  • PSBC

    PSBC's valuations might be pricey, but its non-performing loan ratio is lower than other state-owned banks, says Kingston Securities' Dickie Wong.

  • Postal Savings Bank

    There will be a lot of institutional investor support for Postal Savings Bank of China, says David Riedel of Riedel Research Group.

  • MEXICO CITY, Sept 27- Mexico's Jose Cuervo, the world's largest tequila producer, on Tuesday announced its long-awaited initial public offering, which could raise up to $1 billion, another sign of a wider revival in Latin American stock flotations. "Jose Cuervo has managed to capitalize pretty well, mostly because of their brands, but also because it's one of the...

  • LONDON, Sept 27- Spain's Telefonica is looking to list about 30 percent of its British mobile unit O2 in what would be one of the biggest initial public offerings on the London market this year, sources told Reuters. Europe's biggest telecom group wants to use the relative market calm after the turmoil caused by June's Brexit vote to cut its stake in Britain's...

  • MEXICO CITY, Sept 27- Mexican alcoholic beverage maker Jose Cuervo, the world's largest tequila producer, on Tuesday filed a prospectus with the Mexican bourse to conduct its long-expected initial public offering. The filing provided few details about the IPO, but media reports have suggested the company could seek to raise between $750 million and $1 billion.

  • *Neoen wants to raise 200- 300 mln euros in capital increase. In December, it stole a march on EDF by opening a 300 megawatt solar farm- Europe's biggest- near Bordeaux, which will sell power more cheaply than the new nuclear reactors EDF plans to build in Hinkley Point, Britain. To fund this, it is considering a 200- 300 million euro capital increase.

  • TORONTO, Sept 26- Canadian fashion retailer Aritzia Inc priced its initial public offering at C $16 a share on Monday, at the very top end of the range it marketed the deal, according to three sources with knowledge of the matter.

  • Sept 26- Waste collection company Advance Disposal Services Inc said on Monday it expects to raise as much as $404.3 million in its initial public offering, valuing the company at about $1.76 billion. The company expects the 19.25 million-share offering to be priced at between $18 and $21 per share, Advance Disposal Services said in a filing on Monday.

  • JAKARTA, Sept 26- Indonesian airline operator PT Sriwijaya Air plans to launch an initial public offering of equity shares in March, owner and group chief executive Chandra Lie told reporters on Monday. Sriwijaya Air's plan to go public next year comes as domestic rival Lion Air, the country's biggest budget carrier, is also considering floating its shares on...

  • CBS has not publicly disclosed how much debt the unit plans to issue. Representatives of CBS and all of the banks declined to comment. CBS will use capital from the radio deal for buybacks and investing in the business, CBS Chief Executive Leslie Moonves told the Goldman Sachs Communacopia Conference this week.

  • Eight companies made their market debut this week, raising a total of $1.22 billion. Five listed one or more of the six big banks as a lead manager, according to Renaissance Capital, a manager of IPO-focused ETFs. Equity offerings in the United States fell 36 percent to $122.7 billion through the week of Sept. 16.

  • FRANKFURT, Sept 23- Innogy, the renewables, network and retail business of utility RWE, could fetch up to 5 billion euros when it lists next month to become Germany's biggest IPO since the tech boom at the turn of the millennium. RWE's debt is 28.3 billion euros, E.ON' s 25.5 billion. By pooling and listing its healthy assets-- grids, retail and renewables-- as a separate...

  • Valvoline

    Shares of Ashland spinoff Valvoline opened at $24.10 in its initial public offering on Friday.

  • ZURICH, Sept 23- AC Immune, the Swiss biotech company working on treating Alzheimer's disease, has boosted the size of its initial public offering to raise nearly $58 million it needs to continue research on its products. AC Immune will now sell 6 million shares, up from the originally forecast 4.55 million, at $11 each, the bottom end of its indicated range.

  • Goldman on the election

    CNBC's Bob Pisani is on the floor with what’s moving markets this morning.

  • FRANKFURT, Sept 23- Innogy, the renewables, network and retail business of German utility RWE, could fetch up to 5 billion euros and raise the largest amount in an initial public offering in Europe for nine years when it lists next month. Germany's No.2 utility is pooling and listing its healthy assets-- grids, retail and renewables-- hoping to attract investors who...

  • COPENHAGEN, Sept 23- Nets, issuer of Denmark's most used debit card, was valued at 30 billion Danish crowns in its listing on Friday, nearly double what Advent International, Bain Capital and pension fund ATP paid for it two years ago. British payments processor Worldpay Group was listed on the London Stock Exchange in October last year with a valuation of 4.8...