General Motors is planning on raising up to $10.6 billion in its initial public offering, as the federal government seeks to sell enough shares to reduce its holdings to below 50 percent, people briefed on the matter told DealBook on Monday. G.M. plans to sell 365 million common shares at a price between $26 and [...]
The wind farm developer First Wind has shelved its plans for an initial public offering after cutting its offering price by nearly 25 percent, VentureBeat reported. VentureBeat reported this week that the company’s I.P.O. was up in the air, given its large debt load. The company had planned to offer 12 million shares from $24 [...]
Investors say the initial public offering of Enel’s green power business would be attractive as a long-term investment only if priced at the lower end of the range, Reuters reported. Enel is seeking to raise up to 3.4 billion euros ($4.7 billion) with the partial sale of Enel Green Power, which would make it the [...]
SAIC Motor is not ruling out the possibility of investing in General Motors‘ initial public offering, the chairman of the Chinese automaker said. General Motors is on track to move ahead with an I.P.O. in mid-November after a recent round of meetings with sovereign wealth funds, according to Reuters. When asked by reporters at a [...]
In what will be the largest European initial public offering of the year, Enel, the indebted Italian energy producer, said Friday that it had set the price range for the I.P.O. of its Green Power arm at between 1.80 euros and 2.10 euros per share, valuing the unit at up to 10.5 billion euros. Piero [...]
In what will be the largest European initial public offering of the year, Enel, the indebted Italian energy producer, said Friday that it had set the price range for the I.P.O. of its Green Power arm at between 1.80 euros and 2.10 euros per share, valuing the unit at up to 10.5 billion euros. Piero [...]
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