Tokyo Stock Exchange Inc. President Akira Kiyota wanted to revive the Japanese markets by targeting more initial public offerings.
Sectors
Biotech, Intrexon Corp, files for IPO
A biotech company wants to raise US$125 million through its IPO. Intrexon Corp, a Florida-based biotechnology company, has filed with U. S. Securities and Exchange Commission an initial public offering of common stock.
Nuclearelectrica IPO delayed
Nuclearelectrica IPO delayed until late July, at the least. Nuclearelectrica has announced that its initial public offering would be postponed until late July, at the very least.
Redmond-based antenna developer raises US$50 million
Kymeta, an antenna developer and a spinoff of Intellectual Visions, raises US$50 million. Kymeta, a Redmond-based satellite antenna developer, said it had raised $50 million in capital.
Active Power names board chairman as new interim president and CEO
Active Power named board chairman as new interim president and CEO. Active Power named its chairman of the board, Dr. Ake Almgren, as its new interim president and chief executive officer.
Latest News
Zion Oil and Gas Inc obtains one-year exploration license extension for its Asher-Menashe enterprise in Northern Israel.
Serodus merges with Phlogo to expand portfolio Serodus ASA announced its plan to merge with Phlogo ApS. The merger would enable Serodus to speed up its commercialization and development strategies.
The U.S. Consumer Bureau announced that banks supervised by them may now face penalties if they mistreat clients during collection.
UMW Oil & Gas Bhd IPO at MYR3 per share. UMW Oil & Gas Bhd, a unit of the Malaysian conglomerate UMW Holdings Bhd, was reported to set its minimum indicative price for IPO at MYR3 per share.
Fiat and Peugeot entered into a US$900-million agreement to improve delivery van models. To cut costs in ageing delivery van models, Fiat SpA and PSA Peugeot Citroen has released its plans to invest more than EUR700 million (US$900 million) on new delivery van models over the next five years.
Kenya's stock exchange, plans to introduce derivatives and real estate investment trusts after equity trading volumes declines
K.K.R. announced that they were able to raise a US$6 billion Asia-Pacific fund Kohlberg Kravis Roberts (KKR), the U. S. private equity giant, announced that they were able raise a US$6 billion Asia-Pacific fund.
ING announced that they have reached an agreement to sell its investment management business in South Korea to Macquarie Group
Cukurova Holding AS has won its legal battle against Alfa. Cukurova Holding AS won its legal battle against Russian Alfa Group over Turkcell Iletisim Hizmetleri AS, Turkey's biggest mobile-phone operator.
