US hotel chain Extended Stay America raised USD565 million in an initial public offering. 4.24 million shares remain in overallotment, which could further raise proceeds to USD649.75 million.
IPO
Textbook publisher Houghton Mifflin Harcourt prices IPO at $12 a share
Houghton Mifflin Harcourt Co, the textbook publisher that emerged from bankruptcy last year, priced its initial public offering at $12 per share, below the range it guided towards earlier this month.
IPO to bring in EUR821 million for Constantia Flexibles
Austrian Constantia Flexibles targeted to raise EUR821 million in its initial public offering. The packaging group would be selling 32.2 million shares in the IPO.
Sanitec to file for IPO, apply for NASDAQ OMX Stockholm listing
Helsinki-based Sanitec Corporation planned to launch an initial public offering on the Stockholm Stock Exchange. The bathroom ceramics and fixtures maker is owned by EQT.
xG Technology sells IPO at USD1.75 per share
Wireless communications developer xG Technology Inc. announced that its initial public offering will be priced at USD1.75 per share. The company would raise USD10 million in IPO.
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With an expectation of strong demand for its shares in the market, Glencore Xstrata would be making its market debut in the Johannesburg bourse today.
UK-based pet retailer Pets at Home will be put up for an initial public offering by American multinational private equity firm KKR & Co LP. Said listing would be worth GBP1.5 billion.
Hotel chain Extended Stay America Inc raised $566 million after its initial public offering was priced at $20 per share, the mid-point of its expected range.
The following bids, mergers, acquisitions and disposals were reported on Tuesday. Top Russian oil firm Rosneft said it would sell about $6 billion worth of refined products to BP, establishing the British major among its biggest buyers after years without any such deal.
Just Retirement is the British pension provider for retirees with health issues and has been listed in the London Stock Exchange to be valued at GBP1.1 billion on Tuesday.
A Reuters report said Huishang Bank Corp made a dull debut in Hong Kong which revealed lackluster investor appetite for China's banking sector even as more IPOs were planned by Chinese lenders.
Connecticut-based Cara Therapeutics Inc. announced its recent filing with the SEC about the proposed initial public offering of the biotechnology company's common stock.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
Dynagas LNG Partners LP's business was directly proportional to the performance of its 3 LNG (Liquefied natural gas) carriers and existing charters with Gazprom and BG Group.
