The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Post IPO Equity
T-Mobile to raise USD1.96 billion in a stock offering
T-Mobile, a mobile service provider based in the US, had put up for sale its 66.15 million shares worth USD1.96 billion to improve its capacity for wireless data services.
Indian Oil Corp plans USD800 million share sale
Two unnamed sources said India would be selling 10% of its stake in Indian Oil Corp. India planned to sell 10% of its stake in Indian Oil Corp. That would amount to USD800 million, two sources familiar with the matter said.
Temasek and Hopu buy USD213 million stake in Chinese dairy company
Singapore investor Temasek Holdings and private equity firm Hopu were among the five investors set to buy a USD213 stake in China Mengniu Dairy Co Ltd.
Andreessen Horowitz sells a third of its Facebook shares
Andreesen Horowitz, the venture-capital firm Marc Andreesen, sold 2.28 million of its Facebook shares.
Latest News
Twitter Inc soared as much as 92 percent in its first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the popular microblogging site in a frenzy that recalled the days of the dot-com bubble.
Polish constructor Budimex would be selling one of its units to private equity firm Equity Investors.
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.
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).
Following the strong demand, Twitter raised its IPO price from USD23 to USD25. The social networking site has felt more optimistic than ever about its IPO for potential investor's reports The New York Time's the Deal Book.
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
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.
India Infoline, in response to market movement away from equities, is closing down its retail brokerage division.
The purpose of Mitsubishi Motors Corp's public share offer is to pay back shareholders through the buyback of preferred shares.
