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Telecom Italia considering spin-off and IPO of data centres - report

2019-10-09 08:58:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) is mulling a possible spin-off and listing of its data centre business, according to an unnamed source cited by Reuters that confirmed an earlier report from Bloomberg. The intention is to put the business into a separate unit before launching an initial public offering at some point next year, said the report, adding that the move could value the business around EUR 1 billion.

Tags: data report italia telecom


Topsports International launches US$1.2bn IPO?

2019-09-25 19:20:00| Daily apparel & textile news and comment - from just-style.com

Topsports International, the sportswear business of Chinese footwear retailer Belle International, has reportedly launched a US$1.2bn initial public offering.

Tags: international ipo launches launches international


WeWork IPO Plan in Doubt as CEO Neumann Exits Under Pressure

2019-09-25 16:54:00| National Real Estate Investor

WeWork needs to go public by the end of the year in order to secure a $6 billion debt financing.

Tags: under plan pressure doubt


WeWorks Neumann Is Stepping Down as CEO Amid Faltering IPO

2019-09-24 20:26:00| National Real Estate Investor

Two senior company executives, Sebastian Gunningham and Artie Minson, will be appointed as co-CEOs.

Tags: ceo ipo amid stepping


Saudi Aramco Hires UBS, Deutsche As Bookrunners For IPO

2019-09-21 13:56:30| OGI

audi state oil company Aramco has hired UBS Group and Deutsche as bookrunners for its initial public offering, two sources familiar with the matter said, in a sign that the deal is moving ahead despite a recent attack on Saudi oil facilities.

Tags: deutsche saudi ipo hires


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