Twitter Inc would be valued at most USD20 billion post-IPO (initial public offering), said hedge funds Ironfire Capital LLC and Gamco Investors Inc.
- Uber Sued by London Black Cab Drivers for £250 Million Over Taxi Booking Rules
- Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services
- Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology
According to anonymous sources, Zulily Inc would be disclosing the financial details of its public listing plans this week.
Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand.
Doug Dennerline, who is UK open source company Alfresco's new chief executive, said that although plans for a public offering were in the cards, he would rather focus on looking for additional funding for company expansion.
Washington-based Carlyle Group could possibly sell its shares in Turkey's Medical Park and Saudi Arabia's General Lighting.
Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.
Avaya Inc had explored a sale earlier this year instead of taking the company private, said a Reuters report.
Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.
Mortgage insurance firm Essent added Wells Fargo into its list of underwriters together with Bank of America, JPMorgan Chase and Barclays.
According to a report from Reuters, the memories of Facebook's IPO had cloud up Twitter's debut which had dampened enthusiasm for the shares of the social networking platform.
Twitter, with its more than million followers, would grow in the future avoiding Facebook's pitfalls.
Educational company Anima Educacao would be undertaking a USD 158 million IPO later this month.
A 47 year-old reclusive financier and private equity firm founder Suhail Rizvi would stand to gain from Twitter Inc's upcoming initial public offering.
Tarkett filed an IPO to be listed on the NYSE Euronext Exchange.
Subscribe to VCpost newsletter
Most Popular
- Oil Prices Drop Below $80 After US Oil and Petroleum Reserve Reach Highest Level
- Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology
- SSI Payment: Double Social Security Benefits in May? Here’s When You Will Receive Yours!
- Trump Justifies Earning Millions from Foreign Governments During Presidency
- Supreme Court Hints at Granting Trump Criminal Immunity, Jan 6 Trial Delay Looms
- Elon Musk Says US Companies Not Spending At Least $10 Billion on AI Like Tesla 'Cannot Compete'
- Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
- Amazon CEO Andy Jassy Violates Federal Labor Law With Anti-Union Comments, NLRB Finds