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UPDATE 1-Food distributor Performance Food Group files for IPO
2014-09-09 21:50:53| Food - Topix.net
Food distributor Performance Food Group Co filed with U.S. regulators on Tuesday for an initial public offering of common stock. Credit Suisse and Barclays are the IPO's lead underwriters, the company said in a filing with the U.S. Securities and Exchange Commission.
Tags: group
food
performance
update
Top 9 at 9: Jimmy Choo's $1B IPO, Ralph Lauren's Central Park show & more
2014-09-09 20:09:07| Footwear - Topix.net
We've got the top 9 things you need to know this a.m. - from the latest fashion sightings, to style news, to must-have products - our daily style fix is the best accessory. Scroll through the list below to see what's trending, what we're loving, and what stories you'll want to share with your friends!a a a a a 1. Jimmy Choo may release its public offering as soon as this month, as the demand for the brand continues to rise... and its IPO is expected to value at $1 BILLION.
Alibaba IPO: Chairman Ma's China
2014-09-08 23:54:20| BBC News | Business | UK Edition
The brains behind China's largest e-commerce firm Alibaba
Tags: china
mas
chairman
alibaba
Alibaba to raise up to USD 24.3 billion in IPO
2014-09-08 09:29:00| Telecompaper Headlines
(Telecompaper) Alibaba has amended its IPO filing in the US to raise up to USD 24.3 billion. The Chinese company will sell up to 368 million shares at USD 60-66 each, according to the latest filing with the SEC. In addition to 123.1 million new American Depositary Shares, its existing shareholders Yahoo, executive chairman Jack Ma and executive vice chairman Joe Tsai will together sell 197.0 million ADS. The underwriters will have the option to sell another 48.0 million ADS if demand warrants. Yahoo is expected to reduce its stake in Alibaba to 16.3 percent from 22.4, and Softbank's stake will dilute to 32.4 percent from 34.1. Ma, also the founder of the company, will still hold 7.8 percent of the company after the offering.
Tags: usd
raise
billion
alibaba
See what Alibaba's IPO means to Sprint's owner
2014-09-06 04:07:08| Telecom - Topix.net
Chinese e-commerce company Alibaba Group Ltd. revealed on Friday its target price for what's being billed as the biggest IPO in history. The move also puts a firmer value on stock held by its biggest shareholder: Sprint Corp. owner SoftBank Corp. In a filing with the Securities and Exchange Commission, Alibaba said it will price its shares at between $60 and $66 a share.
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