Exits
Celltrion: Stake sale report to AstraZeneca inaccurate
South Korea-based Celltrion Inc, said in a statement posted on its website, that the stake sale to AstraZeneca by a newspaper was inaccurate, causing the drugmaker's share to slump by 7%.
Lloyds CEO gives go ahead for bank stake sale
Antonio Horta-Osorio said that they are ready for the sale of Britain's GBP20 billion stake in Lloyds Banking Group.
Ardmore Shipping Corporation announces IPO pricing
Ardmore Shipping Corporation announced pricing its IPO valued at USD14 per share piece and is listed on the New York Stock Exchange under the trading symbol ASC.
Elders Limited sells Futuris Automotive to Clearlake Capital Group
Elders Limited announced that it is selling Futuris Automotive to Clearlake Capital Group for US$69 million.
Latest News
Facebook Inc. increased above its IPO price for the first time since its debut in May 2012 following the surging advertising demand for smartphone and tablet users.
Today, Envision Healthcare Holdings announced launching its initial public offering that is priced between USD20 andUSD23.
B. Wayne Hughes, owner of REIT American Homes 4 Rent, said that they have raised an estimated US$705.9 million through the public offering of the company's shares.
The Abraaj Group exits its HFC Bank investment after signing an agreement with Republic Bank Limited.
Siemens will gain EUR400 million from selling stakes in Nokia Siemens Networks. Siemens's recent exit from its Nokia Siemens Networks stake will net the engineering group a total of EUR400 million or US$530 million, according to the company's chief executive Joe Kaeser.
The South African lender is in negotiations to sell its London unit to Industrial and Commercial Bank of China, its biggest shareholder.
Leading financial services group Manulife Financial sold its life insurance venture in Taiwan to CTBC Life Insurance Co., Inc.
Sources said that Tata Realty & Infrastructure is mulling an exit from its IT property in Mumbai's Goregaon.
America Homes 4 Rent have set prices for their impending public offering. American Homes 4 Rent said that they are targeting prices between US$16 to US$18 per share for the company's initial public offering.
OAO Uralkali's exit from a joint venture with a Belarusian miner is bound to transform the US$20 billion potash market.