In a bid to expand sales and revenues for its sale of shares, the NZ government allowed a two part installment payment plan for the purchase of the shares from Meridian Energy.
Sectors
RBS raises GBP 630 million through sale of Direct Line shares
The Royal Bank of Scotland raised GBP 630 million by selling all the shares it holds in insurer Direct Line.
New iPhones set for record debut as sales start
Apple Inc. launched the sale of its new iPhone handsets in China on the same day as other main markets.
Twitter in discussions to add banks for IPO
Twitter Inc. had been in talks to add more banks to its upcoming IPO, said sources. Twitter Inc. had been in discussion to add banks to its underwriting syndicate.
Agilent Technologies to split into two public firms
Agilent Technologies announced a spinoff plan that would create two separate public companies. Agilent Technologies is the manufacturer of scientific-testing equipment spun off from Hewlett Packard Co.
Latest News
Roche Holding AG's CEO Severin Schwan said the company won't raise any credit financing after a report from the DealReporter said Roche would acquire BioMarin Pharmaceuticals.
Emmanuel Fievet, Barclays Plc's head for UK and Europe had left the bank following Stefanie Drews' departure from the banks' group of wealthy clients and family offices in London.
Kevin Burke, the long time CEO and Chairman of Consolidated Edison, announced his retirement from the firm by the end of 2013.
In a ruling by Judge Norgle, Groupon was ordered to face the class action suit filed against it for securities fraud.
BIND Therapeutics announced the pricing of its initial public offer of 4,700,000 shares at USD15 per share.
The Empire State Realty Trust Inc. whose properties include the Empire State Building had filed to raise a hefty USD1.07 billion in proceeds, according to a regulatory filing today.
JP Morgan Chase & Co. reached a milestone in cleaning up its legal affairs however it had also left the company a hefty USD1 billion settlement payments.
In order to sell its shareholdings during its IPO, ClubCorp Holdings is pricing its shares below marketed price.
CHC Group Ltd, a company owned by First Reserve Corp, had filed documentation seeking permission to conduct an IPO of its shares.
