Hong Kong bourse recently listed Huishang Bank and Bank of Chongqing. A record HKD9. 21 billion or USD1. 19 billion was raised from its Hong Kong IPO for Huishang Bank after it had fixed the price slightly above the lowest rung in its price range at HKD3.
Investors
Google Ventures welcomes new investment partners
Google Ventures added two new investors, Shanna Tellerman and Dave Munichiello, in its roster. Google Ventures welcomed Shanna Tellerman and Dave Munichiello, its two new investment partners, to its ranks.
Latin Idea Ventures invests in Linio
Latin Idea Ventures led the USD 50 million financing round of e-commerce platform Linio. Mexico-based venture capital firm Latin Idea Ventures invested in e-commerce startup Linio.
McGladrey signs acquisition deal with Margolis, Phipps & Wright
McGladrey LLP entered into an acquisition deal with financial firm Margolis, Phipps & Wright PC. McGladrey LLP signed an acquisition deal with Margolis, Phipps & Wright PC.
Chemtrade Logistics Inc in discussions to acquire General Chemical Corp - sources
Sources told Reuters that Chemtrade Logistics Inc is already in talks to buy General Chemical Corp, a company owned by private equity firm American Securities.
Latest News
Heavily indebted UK bread manufacturer Premier Foods announced that it is looking for investors for its Hovis brand.
A report from the Wall Street Journal said payment startup Square Inc was thinking of going public next year.
Twitter announced that it had set its IPO price at USD26 per share and will start trading on the New York Stock Exchange on Thursday.
A partnership was forged between KKR and KUFPEC to bid for the oil and gas subsidiary of DWE, DEA RWEDE.
Investors such as Qatar Holding and Fairfax Financial have picked up sizeable amounts of BlackBerry's USD1 billion convertible debt offer.
Upgrades were issued to the CPR and MTN of DHCOG including a positive outlook stamp of approval by Moody's Investor's Service.
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
Software provider Centro has bought self-serve platform for banners ads SiteScout Inc. Chicago-based Centro acquired Canadian company SiteScout Inc for an undisclosed amount.
Germany's SolarWorld engaged in talks to buy car parts supplier Bosch's solar plant in Arnstadt.
