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Update 2-Zheshang Bank launches $1.75 bln HK Ipo, taps Alipay as cornerstone-Ifr

2016-03-14 13:21:33| IT Services - Topix.net

Commercial lender China Zheshang Bank Co Ltd launched on Monday an initial public offering worth up to $1.75 billion in Hong Kong, the city's first sizeable new listing this year, as companies step up efforts to raise funds. The bank, based in China's eastern Zhejiang province, is offering 3.3 billion shares in an indicative range of HK$3.92 to HK$4.12 each, Thomson Reuters publication IFR reported, citing a term sheet of the transaction.

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UPDATE 2-U.S. energy investor KLR delays offering, dampens hopes for IPO market

2016-02-26 13:48:23| Energy - Topix.net

The postponement came one day after the successful stock market debut of another U.S. energy investment company, Silver Run Acquisition Corp SRAQU.O, which proved a hit with investors who see rich pickings in oil and gas assets up for sale amid the sector's downturn. In this year's biggest IPO to date, Silver Run raised $450 million this week, $50 million more than it originally planned, to buy energy assets.

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Advanced Disposal Postpones IPO

2016-02-11 08:00:00| Waste Age

Advanced Disposal Services has put off its planned IPO due to rocky stock market conditions. read more

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NAB falls as Clydesdale IPO priced low

2016-02-03 08:38:31| BBC News | Business | UK Edition

Shares of National Australia Bank (NAB) tumble by 5.7% after the lender prices shares of its Clydesdale Bank at 180p.

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Cell C targets IPO by 2020

2016-01-12 09:40:00| Telecompaper Headlines

(Telecompaper) South African mobile operator Cell C is planning to list on the Johannesburg Stock Exchange (JSE) in the next three to four years. Cell C CEO Jose dos Santos said Cell C will join its rivals Vodacom, MTN and Telkom, which are all listed on the JSE's main board, adding that the operator would use the next three years to position the company strongly for a favourable listing, The Sunday Times reported. Santos said the markets will still be trying over the next two or so years, but the company will use this time to make sure it has changed perceptions about the company and to ensure there is an appetite to buy Cell C from a customer and listing perspective. 

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