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Rocket Internet brings forward IPO

2014-09-29 08:44:00| Telecompaper Headlines

(Telecompaper) German start-up incubator Rocket Internet has brought its planned initial public offering (IPO) forward by a week, saying it received exceptional investor demand across all points of the price range for its shares, Reuters reported. The offer, which started on 25 September, will now end at 11.00 hours 1 October for institutional investors. Private investors will get until the end of the business day. The first day of trading on the Frankfurt Stock Exchange is scheduled for 2 October and settlement 6 October. Rocket earlier doubled the amount of money it planned to raise in the share sale to EUR 1.48 billion. The listing became fully subscribed within the first hour of taking orders.

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Winners of Next Generation Luminaires Solid-State Lighting Design Competition for Indoor Lighting Step Forward

2014-09-23 21:53:00| Electrical Construction & Maintenance

Fifty-seven products met the requirements of the competition. These winning products represented a wide-range of manufacturers and lighting applications, including accent lighting, decorative lighting, cove lighting, industrial lighting, wall washing and personal task lighting. read more

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Germany charges forward with opening of Europe's largest grid battery plant

2014-09-17 11:29:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The missing piece of the puzzle required to deliver reliable, low-cost, low-carbon power grids may have just been delivered in northern Germany. Utility Wemag AG announced yesterday that it has flicked the switch on Europe's largest commercial battery energy storage system, bringing online its new 5MW facility. The EUR6m (4.7m) plant is the size of a school gymnasium and contains 25,600 lithium-manganoxid cells that have been supplied by Samsung SDI Co. It is designed to help Wemag balance...

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SE Portland Jade District: Organizer reflects on success of night market, talks challenges moving forward (Q&A)

2014-09-16 22:41:38| PortlandOnline

Melissa Binder in The Oregonian, September 16, 2014

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Allergan agrees to move forward with special shareholders meeting in December

2014-09-16 13:59:40| Biotech - Topix.net

Allergan and Pershing Square have agreed on at least one step toward settling a fight over the makeup of the Botox-maker's board. Allergan will hold its special shareholders meeting as planned on Dec. 18, while Pershing Square and its partner, Valeant Pharmaceuticals, continue their push for control of the drugmaker.

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