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Chinese chipmaker Semiconductor Manufacturing International planning IPO worth up to USD 7.5 bln

2020-07-06 13:13:00| Telecompaper Headlines

(Telecompaper) Chinese chipmaker Semiconductor Manufacturing International (SMIC) is planning an initial public offering that could be worth USD 6.55-7.5 billion, the Wall Street Journal reported. SMIC hopes to sell 1.69 billion new shares at CNY 27.46 (USD 3.89) per unit, and list them on the Shanghai Stock Exchange's Science and Technology Innovation Board, or Star Market.The company said the offering could be increased by a greenshoe of 15 percent. That would take the deal's size to about USD 7.5 billion.

Tags: international planning chinese worth

 

Warren Buffetts Berkshire Hathaway Buys Dominion Gas Business Worth Nearly $10 Billion

2020-07-06 00:15:00| OGI

The deal reflects a strategic repositioning by Dominion Energy on its utility operations, according to CEO Thomas F. Farrell II, and also follows the companys decision to cancel the Atlantic Coast Pipeline.

Tags: business worth gas billion

 
 

Equinor Awards Offshore Norway Deals worth $189 Million to TechnipFMC

2020-06-23 15:41:34| OGI

Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS), the company said on June 23.

Tags: million deals worth awards

 

Fort Worth approves $68.9M incentive package for Linear Labs for electric motor manufacturing

2020-06-17 12:55:41| Green Car Congress

Tags: worth motor package manufacturing

 

Woods Secures Major US Solar Contracts Worth Over $200 Million

2020-06-16 15:47:08| OGI

Wood, the global engineering and consulting company, has secured two solar engineering, procurement and construction (EPC) contracts from an American power and energy company worth over $200 million on June 16.

Tags: major million worth contracts

 

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