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Shuanghui Hires Banks for Up to $6b HK IPO.

2013-11-06 01:00:00| ThePigSite - Industry News

HONG KONG - China's Shuanghui International Holdings, which bought US pork producer Smithfield Foods Inc this year, has hired six banks for a Hong Kong IPO, seeking to raise up to $6 billion in what is set to be Asia's Pacific ex-Japan's largest offering in about four years.

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NYSE Experiences Data Malfunction Days Before Twitter IPO

2013-11-04 22:44:35| Automakers - Topix.net

NYSE Euronext experienced two technical malfunctions during the first 40 minutes of trading, three days before it handles Twitter Inc.'s initial public offering.

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Twitter raises IPO price range

2013-11-04 16:09:00| Telecompaper Headlines

(Telecompaper) Twitter has raised the price range for its initial public offering of shares, following strong demand from investors. The company will now sell stock for USD 23-25 per share, up from an earlier indicated range of USD 17-20, according to an amended prospectus filed with the SEC. The offering remains 70 million shares, with an option for an additional 10.5 million shares, putting the potential proceeds at a maximum USD 2.01 billion. The sale will see around 13.5 percent of Twitter's shares listed on the stock market. The shares will be allocated on 06 November, and trading is expected to start on 07 November on the New York Stock Exchange.

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Nine Entertainment eyes $660m IPO

2013-11-04 03:35:51| BBC News | Business | UK Edition

Australia's Nine Entertainment Co, which owns the Nine television network, is looking to raise as much as A$679m ($660m; 415m) via its share sale.

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Marchionne wants Chrysler IPO by year's end

2013-10-30 21:40:42| Automakers - Topix.net

Fiat-Chrysler CEO Sergio Marchionne says he hopes a Chrysler initial public offering will be ready by the end of 2013.

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