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Softbank raises JPY 2.6 trillion in IPO of Japanese telecom business

2018-12-10 16:26:00| Telecompaper Headlines

(Telecompaper) Softbank Group has confirmed the sale of 1.7 billion shares in the initial public offering for its Japanese telecom business. At a price of JPY 1,500 per share, the IPO raised JPY 2.646 trillion (USD 23.4 billion) in gross proceeds for the company. 

Tags: business japanese telecom ipo

 

Tencent Music files again for USD 1.2 bln IPO

2018-12-04 10:01:00| Telecompaper Headlines

(Telecompaper) Tencent has relaunched the IPO of its music business unit, after postponing it due to recent stock market volatility. The company has sent a filing to the US Securities and Exchange Commission, saying it will offer 82 million American depositary shares (ADS), representing 164 million Class A ordinary shares, at USD 13-15 per ADS. The IPO could raise up to USD 1.2 billion.

Tags: music files usd ipo

 
 

Ice Group sets IPO price range to raise NOK 3 billion

2018-11-28 12:17:00| Telecompaper Headlines

(Telecompaper) Ice Group said has set an indicative price range for its IPO of NOK 40 to NOK 58 per share, and subject to a successful completion, it expects its them to be admitted for listing on the Oslo stock exchange on or about 12 December, with unconditional trading likely to commence on or about 14 December.

Tags: price group range sets

 

Airtel Africa appoints international banks to oversee IPO

2018-11-26 01:00:00| Total Telecom industry news

Bharti Airtel's African subsidiary, Airtel Africa, has appointed a number of international firms to work on its initial public offering (IPO) on an as yet unspecified international stock exchange. Airtel has nominated Citigroup…read more on TotalTele.com »

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Ice Group plans to raise NOK 3 billion through IPO in Oslo

2018-11-15 12:28:00| Telecompaper Headlines

(Telecompaper) Ice Group said it plans to hold an initial public offering (IPO) of its ordinary shares and apply for a listing on the Oslo stock exchange. It expects to issue new shares to raise gross proceeds of approximately NOK 3.0 billion prior to the exercise of an overallotment option. Current majority owner Access Industries intends to remain a substantial shareholder after the IPO and will not sell any shares in connection with the offer.

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