A most notable reason of Russian oil company Bashneft planned to launch an initial public offering was to avoid the chances of a hostile takeover by a potential investor, said one investment firm analyst.

Proceeds to be received from the planned initial public offering of New Zealand aviation company Airwork would go towards a stock buyback program, repay debts to affiliates and inject working capital into the firm.

The Wall Street Journal said it was highly unusual for a bank or an entity to withdraw from its role as an underwriter for an initial public offering or any similar deal, much less weeks before the deal is scheduled to begin.

Private equity firm Boyu Capital has experienced the pressure that the delay in the long-awaited initial public offering of Chinese e-commerce giant Alibaba has caused.

Debuts of Infinis Energy, Just Retirement and TCS Group on the London Stock Exchange were less than outstanding, according to a report by The Independent.

A wave of initial public offerings on the London Stock Exchange appeared to have made investors' appetite waning, which prompted stocks of companies who had launched or is in the process of launching an IPO drop to below offer prices.

Two weeks after filing for an initial public offering, Go Launcher's parent company Sungy Mobile raised USD20 million in investment from Chinese antivirus software company Qihoo360 and Kingsoft.

Chicago-based tech company Trustwave Holdings Inc signed a deal to acquire New York-based data security software provider Application Security Inc for an unconfirmed amount yesterday.

US hotel chain Extended Stay America raised USD565 million in an initial public offering. 4.24 million shares remain in overallotment, which could further raise proceeds to USD649.75 million.

UK-based pet retailer Pets at Home will be put up for an initial public offering by American multinational private equity firm KKR & Co LP. Said listing would be worth GBP1.5 billion.