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  • NEW YORK, June 14- The chief executive of WeWork Cos Inc said on Wednesday the coworking space startup he co-founded is now generating $1 billion a year in revenue at current rates and will launch an initial public offering, but did not say where or when. Adam Neumann, whose company is now valued at some $17 billion, said the exchange where WeWork will list its shares...

  • *Navitas to get 5 pct of Gulf of Mexico' s Buckskin. HERZLIYA, Israel, June 13- Israel's Navitas Petroleum plans to raise $130 million in bonds and then carry out an initial public offering on the Tel Aviv Stock Exchange as it expands operations in the Gulf of Mexico and Canada. The exploration and production company will use the money raised in the bond offering to...

  • DUBLIN/ LONDON, June 12- Allied Irish Banks plans to raise up to 3.3 billion euros when it sells a 25 percent stake on the Dublin and London stock markets in the biggest test yet of investor appetite for Irish banks. The Finance Ministry said the long-awaited stake sale remains on track despite the Conservative party losing its majority in Thursday's UK election.

  • DUBLIN, June 12- Shares in Allied Irish Banks will be priced at between 3.90 and 4.90 euros when a 25 percent stake is floated in Dublin and London, valuing the state-owned lender at up to 13.3 billion euros, Ireland's finance ministry said in a statement. The Finance Ministry said the long long-awaited sale of a 25 percent stake in the state-owned lender was still...

  • DUBLIN, June 12- Shares in Allied Irish Banks will be priced at between 3.90 and 4.90 euros when a 25 percent stake is floated in Dublin and London, valuing the state-owned lender at up to 13.3 billion euros, Ireland's finance ministry said in a statement.

  • SHANGHAI, June 12- Approvals of initial share offerings are slowing in China once again as local share prices slide, but major state-controlled newspapers are urging the stock market regulator not to "balk or backtrack" on reforms. China's on-again, off-again pattern of IPO approvals has been typical for years when authorities see the need to shore up markets,...

  • Tom Reilly, chief executive officer of Cloudera Inc.

    Key industry measures like deferred revenue and billings fell short of Wall Street's projections.

  • Snap cofounders Evan Spiegel (R) and Bobby Murphy walk to ring the opening bell of the New York Stock Exchange shortly before the company's IPO in New York, March 2, 2017.

    "I think it's a risky and speculative stock, and the data is starting to bear that out," said Nomura analyst Anthony DiClemente.

  • NEW YORK, June 7- BGC Partners Inc plans to spin off its Newmark Grubb Knight Frank real estate services unit in an initial public offering before the end of the year, Chief Executive Officer Howard Lutnick said on Wednesday. BGC said in February it had confidentially submitted a draft registration statement on a proposed IPO for the unit to the U.S. Securities and...

  • *Abu Dhabi's Dana Gas jumps on receipt of Egypt payments. *Ezz Steel surges as Egypt imposes import tariff. The Qatari index lost 1.0 percent to a fresh 17- month low, taking its losses to 9.7 percent since Saudi Arabia, the United Arab Emirates and Egypt cut diplomatic links and transport ties on Monday, accusing Doha of backing terrorism.

  • Traders monitor screens displaying stock information at Qatar Stock Exchange in Doha, Qatar June 5, 2017.

    Sadad Al Husseini, former Saudi Aramco EVP, discusses the oil markets and OPEC tensions.

  • BUDAPEST, June 6- Central European stocks fell on Tuesday despite a rare initial public offering announced in Budapest, ahead of elections in Britain and France and as some Arab states severed ties with Qatar. Budapest's main index hit record highs last week and now dances around the key 35,000- point mark, and in Bucharest whose index is retreating from its...

  • *IPO seen valuing company at up to 4 bln euros. BERLIN/ FRANKFURT, June 6- Online food takeaway firm Delivery Hero is preparing a flotation that could value one of Europe's largest internet startups at up to 4 billion euros, raising funds to help it fend off new competitors such as Uber and Amazon. Founded in Berlin in 2011, Delivery Hero has grown rapidly and now...

  • *IPO seen valuing company at 3.5 to 4 bln euros. FRANKFURT, June 6- Delivery Hero AG, one of Europe's largest internet startups, is seeking to raise around 450 million euros by listing shares on the Frankfurt Stock Exchange, the company said on Tuesday. The move could value loss-making Delivery Hero at between 3.5 and 4 billion euros, people close to the matter said...

  • June 5- India's ICICI Bank Ltd and Canada's Fairfax Financial Holdings Ltd will pare their stakes in joint venture insurer ICICI Lombard General Insurance Co Ltd's planned initial public offering of shares, the insurer said on Monday. ICICI Bank owns 63.3 percent of ICICI Lombard, the largest private sector non-life insurer in India. Fairfax, led by Canadian...

  • SHANGHAI, June 5- China's stocks fell on Monday, as a cooling pace of initial public offerings failed to offset large losses in financial and healthcare stocks. The Shanghai SE 50 Index, dubbed " China's nifty 50 index", dropped 1 percent, in contrast with a gain of 0.9 percent in the tech-heavy start-up board ChiNext. The China Securities Regulatory Commission...

  • SHANGHAI, June 5- China's stocks fell on Monday morning, as sharp losses in financial firms offset news the securities regulator had cut the number of initial public offerings coming onto the market. The China Securities Regulatory Commission approved on Friday only four IPOs to raise up to 1.5 billion yuan, down from 7 IPOs in the past week.

  • Blue Apron files for IPO

    The "Closing Bell" desk talks about Blue Apron, the meal-kit delivery service, deciding to make an initial public offering.

  • MOSCOW, June 2- En+ Group, which manages Russian tycoon Oleg Deripaska's aluminum and hydro power businesses, wants to raise about $1.5 billion from a possible initial public offering in London, Deripaska said on Friday. The decision about the IPO may be taken in the next 18 months subject to market conditions, Deripaska said in an interview with Rossiya 24 TV on the...

  • ST PETERSBURG, Russia, June 2- Kazakhstan's new stock exchange, due to open next year, hopes to attract the bulk of initial public offerings planned under the central Asian nation's privatisation programme, the bourse's operator said on Friday. "We plan that a significant part of the IPOs will take part on the new stock exchange in Astana," Kelimbetov, a former...