The initial public offering of Meridian Energy Ltd could raise up to NZD 2 billion. Two people who were familiar with the matter said the government of New Zealand would stand to gain in the public listing of state-owned Meridian Energy Ltd.
IPO
Twitter shares priced between USD17 and USD20
With an upper range of USD20 per share, the total enterprise value of Twitter is at USD10.9 billion.
DIRTT Environmental Solutions aims to raise USD 45 million in IPO
DIRTT filed for a USD 45 million initial public offering in Canada. Doing It Right This Time or DIRTT Environmental Solutions said it had filed for an IPO in Canada to raise gross proceeds of USD 45 million.
Aptalis Pharma appoints underwriters for IPO- sources
Sources told Reuters that Aptalis Pharma Inc had appointed lenders to manage its IPO. Aptalis Pharma Inc reportedly hired banks to manage its initial public offering.
Meridian Energy Ltd's IPO to raise USD 1.6 billion for New Zealand
The IPO of state-backed power firm Meridian Energy would raise USD 1.6 billion or NZD 1.88 billion for New Zealand.
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Former Warner Music Group executive Michael Fleisher, who had experienced leading public listings, was appointed by Wayfair LLC as its new chief financial officer.
Huishang Bank Corp's planned initial public offering would be the biggest public listing by a banking institution on the Hong Kong Stock Exchange in three years.
The size of the initial public offering of Tinkoff Credit Systems had been increased to USD1.25 billion, according to a financial market source.
Hutchison Whampoa would be considering a spinoff for its AS Watson Group unit after it failed to find a buyer for its ParknShop chain.
Private equity-backed Merlin Entertainment Group would be conducting a share sale to raise GBP 200 million in London.
The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
According to banking sources, the Financial Times said the IPO of UK's Royal Mail was underpriced.
Twitter's major stakeholders would benefit from the initial public offering should the social media company's debut would succeed.
Yahoo decided to keep more of its stake in Alibaba after the latter would go public. Yahoo amended its planned share sale of its holdings in the Alibaba Group and decided to keep a larger stake of the Chinese e-commerce firm.
