Tokyo (AFP) - Line, the popular messaging app launched in the aftermath of Japan's earthquake and tsunami, is set for an initial public offering as early as this year, a report said Thursday, after shelving plans for a listing in 2014.
MUMBAI: Larsen & Toubro is on the prowl to hire a number of senior executives for leadership roles in its IT services arm L&T Infotech ahead of its planned initial public offer (IPO) this year, industry insiders said.
The South China Morning Post has reported that Hong Kong Airlines is planning an initial public offering (IPO) worth $500 million denominated in both the Chinese Yuan (USDCNY) and the Hong Kong Dollar (USDHKD).
NEW DELHI: To tap strong investor sentiments, four companies including Dilip Buildcon and Navkar Corp plans to hit the capital markets this month, to raise an estimated over Rs 1,800 crore through initial public offers (IPOs). The other two companies are Power Mech Projects and Prabhat Dairy. The bidding for shares in Power Mech's IPO will open on August 7 and close on August 11, while the remaining three firms will hit the capital markets later this month, sources said. The equity shares will be listed on BSE and National Stock Exchange (NSE).
So the Facebook (FB) IPO is now complete. Zuckerberg has collected his billions, the underwriters took their (discounted) selling commission, investors have taken a bath, and the class action suits are already being filed.
The transaction was a disappointment by any objective measure.