IPO Watch

ING bank launches IPO for Dutch insurance giant

ING bankThe Hague: Leading Dutch bank ING announced on Thursday it was offering a minority public stake in its NN Group insurance business, in the final stage of restructuring imposed after a government bail-out following the 2008 banking crisis.

"ING today confirms the intention to proceed with (an) initial public offering and listing on (the) Euronext Amsterdam of NN Group," ING said in a statement. "The intended IPO will consist solely of a secondary offering of a minority holding of NN Group's ... Shares held by ING," the Amsterdam-based bank said.

Just Eat planning to launch IPO on LSE

Just EatJust Eat, a leading online takeaway food service, has said that it is planning to launch its own Initial Public Offering (IPO) on the London stock market next month.

The company is planning to raise £100 million in the issue, which is expected to vale the company at between £700 million and £900 million. The company's IPO comes after a host of flotation form firms including Poundland, Pets at Home, online white goods retailer AO and fashion website boohoo. com in recent weeks.

Alibaba chooses U.S. stock exchange over HK

AlibabaChina's leading e-commerce site, Alibaba Group has said that it is planning to launch an initial public offering (IPO) at a U. S. stock exchange instead of the Hong Kong Stock Exchange.

Alibaba Group is aiming to raise up to $15 billion in the biggest initial public offering since Facebook. The company announced its decision to get listed in the US, following uncertainty over an initial public offering in Hong Kong. Alibaba Group Holding has said that it has concluded talks with the Hong Kong stock exchange without success.

Miller planning to launch IPO

Miller planning to launch IPOEdinburgh-based Miller Group has indicated that it is planning to launch its own initial public offering (IPO) in order to raise funds.

The UK's largest privately owned housebuilding company has said that it is planning a range of options but the head of the company did not comment on the timing of the IPO. Miller, who has been in the top job since 1994, said that it is planning to raise funds. The company has also indicated that it has appointed advisers to consider "strategic options".

Travelex planning to launch IPO soon

Travelex planning to launch IPO soonWorld's largest non-bank foreign exchange business, Travelex has said that it is planning an initial Public Offering (IPO).

The company, which owns more than 1,500 stores and 1,250 ATMs in 27 countries, said that its income rose 12 per cent to £695million during the year till 31 December, 2013. The company's underlying profits rose 21 per cent to £80.1 million. The profits increased following rising demand from holidaymakers and business travellers in emerging markets including India and China.

Virgin America planning to launch its IPO this year

Virgin America planning to launch its IPO this yearVirgin America has said that it is planning to launch its Initial public offering this year and the company has appointed Barclays and Deutsche Bank for managing the issue.

NYSE runs Twitter IPO test to avoid Facebook chaos

twitterA test run was carried out by the New York Stock Exchange on Saturday of Twitter's profoundly expected market making a big appearance, as it looks to evade the sorts of issues that tormented Facebook's (FB. O) first sale of stock on opponent Nasdaq.

The NYSE was trying essentially for two things: To check whether its frameworks could handle the measure of message activity that could be created by the IPO; and to determine that once the IPO occurred any firms that put requests would speedily gain the reports letting them know that their requests had been executed.

Twitter announces IPO details

Twitter announces IPO detailsMicro blogging site, Twitter Inc has announced the plans for its upcoming initial public offering on Thursday indicating that it is aiming to raise about $1 billion from the issue.

The company revealed more details of the IPO after confidentially filing for the issue with the authorities. The social blogging network with more than 200 million members worldwide has said that it has filed S-1 to the Securities and Exchanges Commission for its planned initial public offering.

Twitter is expected to be valued at up to $20 billion after its shares starts trading.

Twitter planning to make its IPO filing public this week

Twitter planning to make its IPO filing public this weekMicro blogging site, Twitter Inc is planning to announce its Initial Public Offering publically this week, according to people closer to the matter. The social blogging network with more than 200 million members worldwide has said that it has filed S-1 to the Securities and Exchanges Commission for its planned initial public offering.

Riverstone Holdings unit to launch IPO in London

Riverstone Holdings unit to launch IPO in LondonAmerican private equity fund, Riverstone Holdings has said that it is planning to launch an initial public offering for a new unit on October on the London Stock Exchange.

The new energy investment company, which is to be called Riverstone Energy Ltd will be priced at £1.5 billion or about $2.4 billion, according to Riverstone. The IPO will allow one of the largest private equity funds that focuses on energy investments, to have a publicly listed unit in the international markets.

Twitter files documents for planned IPO

Twitter files documents for planned IPOMicro-blogging site, Twitter has said that it has filed S-1 to the Securities and Exchanges Commission for its planned initial public offering.

"We've confidentially submitted an S-1 to the SEC for a planned initial public offering," the company wrote on its official post. Private investors have said that the company will be valued at more than $10 billion and is expected to record revenues of about $583 million during 2013.

Foxtons to launch IPO on London Stock Exchange

Foxtons to launch IPO on London Stock ExchangeLondon estate agency, Foxtons has said that it is planning to launch its initial public offering (IPO) on the London Stock Exchange aiming to raise up to £500 million.

Foxtons has indicated that it could share a windfall of up to £100 million from the offering. The announcement of the IPO is a major turnaround for the BC Partners, the estate agency's private equity owner that recorded a sharp fall in Foxtons during the recent financial crisis. The IPO also indicates that the general London property market is recording a strong recovery.

Dutch government planning to sell shares in ABN AMRO

Dutch government planning to sell shares in ABN AMROThe Dutch government has indicated that it is planning to sell shares in leading bank, ABN AMRO through an initial public offering (IPO) during the next year.

Experts have said that the government is not likely to recover its costs through the sale of shares. The government has estimated that the bank has market value of about _15 billion, which is higher than estimated by some financial analysts but much lower than what the Dutch taxpayers had invested in the bank to rescue it during the financial crisis in 2008.

Opal Luxury launches IPO to raise Rs. 13 crore

Opal Luxury launches IPO to raise Rs. 13 croreOpal Luxury Time Products Ltd, which is a manufacturer of designer wall and table clocks, has launched a new Initial Public Offer (IPO) and the company is looking to raise about Rs 13 crore through the issue.

The Pune, Maharashtra based company has set a price band of Rs 130-135 for the issue and the shares will have a paid-up value of Rs. 10. The company has said that the investors will be required to bid for at-least 1000 shares and their multiples. The company's issue will be listed on EMERGE - NSE's small and medium enterprises (SME) exchange.

Mapletree launches Singapore’s largest real estate IPO

Mapletree launches Singapore’s largest real estate IPOMapletree Greater China Commercial Trust Management Ltd, a wholly owned subsidiary of Mapletree Investments Pte Ltd (MIPL), has launched the largest initial public offering (IPO) ever by a real estate investment trust (REIT).

Investment banks looking to manage IPOs

IPOsInvestment banks in are increasing looking to offer their experience and ability to manage the initial public offerings (IPOs) hat are coming to the market.

Amid weak response from the primary market and falling deal volumes, the investment banks are looking to a part of the IPOs to stay relevant in the market place. The situations units well to the companies as the involvement of investment banks help attract more retail investors in the country.

Bharti Infra issue subscribed 1.3 times

Bharti Infra issue subscribed 1.3 timesBharti Infratel's received total subscription of more than Rs 4,365 crore or 1.3 times of the size of the issue on its final day, on Friday.

As per data released by the National Stock Exchange (NSE), the IPO attracted bids for more than 20.78 crore shares, of the 18.89 crore equity shares that the company offered in the main book building process.

While the response to the IPO from retail and non-institutional investors was fully muted, response from qualified institutional investors was impressively good.

Tara Jewels’ public issue to open on Nov. 21

Tara Jewels’ public issue to open on Nov. 21Tara Jewels Ltd on Monday announced its Rs 180-crore initial public offering (IPO), with a price band of Rs 225-230 per share.

The IPO will open on 21st on November and close on 23rd of November. The issue will be composed of fresh issue of shares worth up to Rs 109.5 crore plus an offer for sale of shares worth up to Rs 70 crore. Share will have a face value of Rs 10 apiece.

Tara Jewels, which operates in retail, export as well as manufacturing, has plans to use the proceeds from the IPO to meet the expenses of setting up retail stores and for settlement of loans.

Religare Health Trust aiming to raise $417.9 million through Singapore IPO

Religare Health Trust aiming to raise $417.9 million through Singapore IPOReligare Health Trust of the Indian hospital chain operator Fortis Healthcare, is aiming to raise about $417.9 million through an Initial Public Offering at the Singapore Stock Exchange.

Religare will offer 567.46 million shares and it has set an IPO price of S$0.90 per share, according to the final prospectus filed by the company with the Monetary Authority of Singapore. The company will offer 555.46 million shares to institutional investors in Singapore and abroad and the remaining 12 million to the general public.

Ivanplats IPO priced at C$4.75 a share

Ivanplats IPO priced at C$4.75 a shareCanada's Ivanplats Ltd, a mining company largely focused on Africa, has set a price of C$4.75 a share for its initial public offering.

The company is aiming to raise about C$300 million from the IPO, according to a person closer to the matter. Robert Friedland-led company has announced plans to get listed on the Toronto Stock Exchange, in September.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content