The background of Daniel Dienst, the recently-appointed CEO of Martha Stewart Living Omnimedia Inc, caused industry observers to speculate a sale for the home decor company.
Institutional investors
Merlin set to close London share sale early
Merlin Entertainments was set to close its London float order books early because of the strong demand, according to a source.
Nine Network to do IPO at the ASEX
The Australian Securities Exchange would be the venue for the IPO of Nine Network. The firm that owns Nine Network would start trading on the Australian Securities Exchange by December 6.
Billabong International enters agreement to sell West 49 to YM Inc
Billabong International would be selling its West 49 stores to YM Inc for CAD 9 million to CAD 11 million.
Chinese companies hold up despite NQ Mobile allegations- report
Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
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Boming Cheng, the President of Citic Securities Co, said IPOs could resume again in China after a Chinese Communist Party meeting.
Trim Tabs showed data that investors poured US$54.2 billion into equity mutual funds. Investors flooded US equity mutual funds and exchange-traded funds with $54.
The following bids, mergers, acquisitions and disposals were reported on Friday The following bids, mergers, acquisitions and disposals were reported on Friday:- Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, is aiming to launch its initial public offering in the week of Dec.
An average investor would not stand a chance, unlike big-money investors, to acquire a significant stake in Twitter on its IPO.
The Labor Department of the US released data indicating that consumer prices had slightly rose, but did not affect inflation in the US.
Warburg Pincus sells off its shares in Transapacific Industries Group. Warburg Pincus, the private equity firm, is selling off its shareholdings in the Australian waste management company Transpacific Industries Group.
The US Federal Reserve would be making changes in its asset-buying program should a significant shift in the labor market and inflation would be seen.
Dell Inc had paid out executives for its shares not rolled over into the newly privatized Dell. The directors and top executives of Dell Inc. had received a total of USD59.
Not many industry observers were convinced that Twitter could support its hyped company valuation pre-IPO.
