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Einhorn Slump Wipes Out Greenlight's Gains From 2007 IPO
2015-12-09 23:47:12| Electronics - Topix.net
Greenlight Capital Re Ltd., the reinsurer whose chairman is hedge-fund manager David Einhorn, erased gains from its 2007 initial public offering price after losses from investments and underwriting. Greenlight Re declined 2.6 percent to $19 at 11:59 a.m. in New York, extending its loss to 42 percent this year.
Chinese bank raises $7bn ahead of IPO
2015-12-09 08:10:52| BBC News | Business | UK Edition
Postal Savings Bank of China raises $7bn from 10 domestic and foreign investors ahead of an initial public offering next year.
Former Republic unit Frontier Airlines exploring IPO
2015-12-04 21:04:09| Airlines - Topix.net
Frontier Airlines Inc. - a no-frills carrier that was sold off by Indianapolis-based Republic Airways Holdings Inc. two years ago - has held early-stage talks with investment banks about an initial public offering, people familiar with the matter said.
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Square prices IPO at discount
2015-11-19 08:55:00| Telecompaper Headlines
(Telecompaper) Mobile POS developer Square priced its IPO at a discount to the initial price range, raising USD 243 million. The company sold 25.65 million shares and CEO Jack Dorsey's foundation offered 1.35 million. These were priced at USD 9 per share, less than the earlier indicated range of USD 11-13 per share. The shares will begin trading on the New York Stock Exchange on 19 November. The underwriters have a 30-day option to sell another 4.05 million shares. Based on a total 355 million diluted shares outstanding, Square has a market value of USD 3.195 billion at the IPO price.
Tags: prices
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ipo
Hydro One IPO nets Ontario over $5 billion
2015-11-12 18:00:34| Energy - Topix.net
The Ontario government raised a total of $1.83 billion from the sale of the first 15 per cent of shares in Hydro One, the giant electricity transmission utility. The province also gained about $2.2 billion from a deferred tax asset benefit and another $1 billion from a special dividend and payments-in-lieu of taxes.
Tags: billion
ontario
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