TCS Group priced the IPO of Tinkoff Credit Systems from USD 14 million to USD 17.50 for every global depositary receipt.
IPO
Twitter chooses NYSE
In its amended IPO filing, Twitter would be listed with the NYSE and also reported increased revenues and user base despite mounting losses.
Foreign companies may sell shares in free trade zone- report
The Wall Street Journal reported that China could allow foreign companies to sell shares in the free trade zone in Shanghai.
Russia's Tinkoff Credit firm announces IPO
TCS, a credit card business company in Russia, set its IPO price at USD14 to USD17.50 per share piece.
US Postal Service IPO not a daft idea - observers
Industry observers believed that USPS would be able to achieve success similar to Royal Mail should the former would be listed on the stock exchange.
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Chinese tycoon Tong Jinquan would be purchasing SGD 200 million shares in Viva Industrial's SGD 375 million Singapore IPO.
Royal Mail shares, criticized to be valued too low, had netted hefty profits for its investors. The Abu Dhabi and Kuwaiti sovereign wealth funds have respectively reported a profit of USD30 million each from their investments made in the recently sold UK Royal Mail.
The bid for Royal Bank of Scotland amounts to GBP8 billion and is being reviewed to be done by TD Bank.
Molecular diagnostic test developer CardioDx Inc, who pioneered the heart disease test product Corus CAD, was set to raise almost USD86 million via a planned initial public offering.
Twitter would pay a smaller fee to bankers at 3.25% of its IPO valuation, compared to that of Facebook's, according to sources.
Twitter Inc's most anticipated IPO had been clouded with social media giant Facebook's last year debut, said a Reuters report.
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
The IPO of CommScope Holding Co is expected to reap USD800 million. Commscope Holding Co, the telecommunications equipment firm, had set pricing terms for its IPO.
CommScope Holding Co had set its price for its initial public offering which could value the company more than USD3.9 billion.
