Threshold Power Trust announced that to raise funds for further investments, they will be taking the company public.
Exits
Alibaba's plans to go public makes IPO the biggest since FB
Alibaba's plans to go public makes IPO the biggest since FB. Alibaba planned of going public by offering an initial public offering. The IPO could be the biggest since Facebook.
Travellers International to go through with expansion plans depite IPO delay
Travellers International stated that it would go ahead and spend US$600 million on expansion depite IPO delay.
OUE to raise US$476 million from IPO
OUE announced that they raise US$476 million from the company's initial public offering Overseas Union Enterprise (OUE) announced that they will raise approximately SGD600.
Chatham produces US$1.60 million in its IPO
Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.
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CPFL Renováveis announced the closing and completion of their US$459.49 million public offering. CPFL Energias Renováveis SA announced the completion of their public offering.
Private equity firms, Providence Equity Partners and ChrysCapital, reported that it may exit Idea Cellular and HCL Technologies respectively in the near future.
The following bids, mergers, acquisitions and disposals were reported by on Wednesday. The following bids, mergers, acquisitions and disposals were reported by on Wednesday.
Goldman Sachs sells its majority share in REDI but will retain minority stake in the company. Goldman Sachs Group sold its majority stake in REDI, one of the pioneers of trading technology, to a group of investors.
Allen Edmonds was exploring a potential sale of the firm for US$150 million to US$200 million. Allen Edmonds, a men's dress shoe corporation, was exploring a possible sale of the company.
Insmed Incorporated announced the pricing of their initial public offering of 6 million shares Insmed Incorporated announced the pricing of its initial public offering of 6 million shares for its common stock.
Reports said that Facebook failed to meet past investment records as the company continually declined in the stock market.
John Malone of Liberty Global Plc yielded to Vodafone after losing the race for Kabel Deutschland Holding AG.
Reserve Bank of India's decision to increase borrowing costs eliminated the country's largest bond gains and further extended the US$8 billion fund outflow.
