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Polish operator Play to raise up to PLN 5.3 bln in IPO

2017-07-03 14:38:00| Telecompaper Headlines

(Telecompaper) Polish mobile operator P4, which operates under the brand Play, will raise up to PLN 5.3 billion (EUR 1.25 billion) in its initial public offering of shares. According to the published prospectus, the owners plan to sell 38-48 percent of the shares in the Luxembourg-based company Play Communications, to which the mobile operator belongs. The maximum share issue price has been set at PLN 44, and if confirmed, this would value the company at PLN 11.04 billion (excluding debt).

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Muslims Raise Money to Relocate Pork Joint

2017-06-29 02:00:00| ThePigSite - Industry News

UGANDA - A section of Muslims in Kamuli District have raised Shs16 million to acquire a piece land that is a hub of several businesses including pork joints.

Tags: money joint raise pork

 
 

University of Missouri-Kansas City says it will raise funds for arts campus without state assistance

2017-06-28 22:10:46| American School & University

Officials had been pursuing $48 million in matching funds, but feared Missouri's governor would veto the allocation.

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Wacker Polymers to Raise Prices for Dispersions and Polyvinyl Alcohol Solutions in Europe

2017-06-28 16:08:00| Coatings World Breaking News

Tags: in prices europe solutions

 

Alibaba invests USD 1 bln to raise stake in Lazada

2017-06-28 13:51:00| Telecompaper Headlines

(Telecompaper) Alibaba Group is investing another USD 1 billion in the southeast Asia e-commerce platform Lazada in order to increase its stake to 83 percent from 51 percent. The deal gives Lazada valuation of USD 3.15 billion, much higher than when Alibaba first bought its controlling stake for USD 1 billion in April 2016. Alibaba is acquiring the additional shares in the company from existing Lazada shareholders.

Tags: usd raise alibaba stake

 

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