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Bayer upbeat, plans chemicals IPO by 2016

2015-03-11 11:24:05| Chemicals - Topix.net

Germany's Bayer AG is forecasting strong sales and earnings growth at its health-care division in the next three years, pegging the yearly sales potential of its top drugs at EUR7.5 billion . The Leverkusen-based company, which is preparing to spin off its high-tech plastics business, said on Wednesday that combined sales of its top drugs--the anticoagulant Xarelto, the eye medicine Eylea, the cancer drugs Stivarga and Xofigo, and the pulmonary hypertension drug Adempas--should rise toward EUR4 billion in this year Bayer said it aims to increase health-care revenue by an average of about 6% a year through 2017 to more than EUR25 billion.

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IPO Lockup Expiration: Smart & Final Stores

2015-03-08 02:35:39| Grocery - Topix.net

April 6, 2015, concludes the 180-day lockup period on SFS. At this point, SFS' major pre-IPO shareholders will have first chance to sell their holdings.

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HKBN raises USD 750 mln in IPO

2015-03-06 02:31:00| Telecompaper Headlines

(Telecompaper) Hong Kong-based fibre network operator HKBN raised USD 750 million in an IPO, the Wall Street Journal reports. Private-equity firm CVC Capital Partners and other shareholders, including Singapore sovereign-wealth fund GIC, sold 645 million shares at HKD 9. CVC will hold about a 14.4 percent stake in the operator after listing, compared with 70.7 percent currently, while GIC will hold a 9.9 percent stake, down from 11.3 percent. HKBN is scheduled to list on the Hong Kong Stock Exchange on 12 March. The offering is the largest in Hong Kong this year and the second biggest in Asia Pacific, after the USD 1.7 billion listing by Jasmine Broadband Internet Growth Infrastructure Fund in Bangkok last month.

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OpGen files to raise up to $37 million in IPO

2015-03-04 04:10:03| Biotech - Topix.net

Evan Jones, CEO of OpGen, is seen here in 2007, the same year his former biotech company, Digene, was acquired by Qiagen. Gaithersburg-based molecular diagnostics company OpGen Inc. filed Tuesday to go public in hopes of raising as much as $37.4 million.

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Fiat Chrysler may sell more than 10% of Ferrari in New York IPO

2015-03-03 23:44:40| Automakers - Topix.net

GENEVA -- Fiat Chrysler Automobiles may sell a stake exceeding 10 percent when its Ferrari division holds an initial public offering this year, as more investors than expected seek a share of the supercar manufacturer. "The demand is much, much higher" than foreseen, CEO Sergio Marchionne told journalists Tuesday at the Geneva International Motor Show.

Tags: new york sell ferrari

 

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