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Ferrari valued at almost US$10 billion for IPO

2015-10-12 00:11:45| Automakers - Topix.net

Fiat Chrysler Automobiles is planning a U.S. stock debut for Ferrari that values the luxury Italian sports carmaker at nearly US$10 billion, according to a filing with U.S. regulators Friday. Ferrari, of the famed "prancing stallion" logo, will make its first steps on Wall Street, expected in late October, after years of rumors.

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Ferrari aiming for $US12.4b valuation in IPO

2015-10-09 10:35:52| Automakers - Topix.net

Ferrari's coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering. Ferrari's coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as a 11 billion , according to people familiar with the matter.

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CytomX IPO Could Pop, But Long-Term Returns Are Uncertain

2015-10-07 21:20:52| Biotech - Topix.net

CytomX Therapeutics expects to raise $100 million in its upcoming IPO. Based in South San Francisco, California, CytomX Therapeutics is a biopharmaceutical company focused on developing treatments for cancer.

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Digicel abandons plans for IPO

2015-10-07 10:48:00| Telecompaper Headlines

(Telecompaper) Digicel Group, provider of communications services in 31 markets in the Caribbean and South Pacific, has decided not to proceed with its planned IPO at this time. Despite significant support from a number of investors during the marketing period, Digicel has decided that current conditions, especially in emerging markets, make an IPO a less attractive option for the company. Chairman Denis O'Brien said that an IPO was and predicated on achieving fair value for the company. He said the company's growth plans remain unchanged and that it remained in a strong position to exploit areas of interest in data, business services, cable TV and broadband.

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