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Xiaomi raises HKD 24 billion in IPO

2018-07-06 09:21:00| Telecompaper Headlines

(Telecompaper) Xiaomi has raised HKD 24 billion (EUR 2.6 billion) in net proceeds from its initial public offering of shares, after pricing the IPO at the low end of the expected range. Despite the offering being over-subscribed, the company priced the shares at HKD 17 each, the bottom of the indicated range of HKD 17-22. The stock will start trading on 09 July in Hong Kong. 

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Host Hotels Is Said to Weigh $2 Billion Hotel-Portfolio Sale

2018-06-27 23:28:56| National Real Estate Investor

The Bethesda, Maryland-based real estate investment trust has interviewed advisers regarding the portfolio sale.

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Medical fluid bags market will exceed $4.4 billion by 2024: report

2018-06-27 18:11:02| Canadian Plastics Headlines

Propelled partly by demand for drainage bags, the market for medical fluid bags is set to surpass US$4.4 billion by 2024, according to research from Global Market Insights The post Medical fluid bags market will exceed $4.4 billion by 2024: report appeared first on Canadian Plastics.

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Global semiconductor revenues at $115.8 billion in Q1 2018

2018-06-26 18:00:29| Digital TV News

Global semiconductor industry revenue declined 3.4% in the first quarter of 2018 falling to $115.8 billion. Industry performance was negatively affected by the declining sales and first-quarter seasonality in the wireless communications market, according to IHS Markit (Nasdaq: INFO).

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Telefonica secures La Liga rights for EUR 2.94 billion

2018-06-26 09:12:00| Telecompaper Headlines

(Telecompaper) Telefonica announced that it paid EUR 980 million a season for domestic TV rights to air live matches from La Liga over the next three seasons (2019-22). In a statement, the company said it paid over 5 percent less for the rights than in the previous three-year auction, allowing it to control the content broadcast on its Movistar+ pay-TV service and licence its La Liga channels to other operators. 

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