VENTURE CAPITAL POST

Hilton Worldwide Inc, the world's largest hotel operator, raised roughly $2.34 billion in its IPO on Wednesday after pricing shares toward the high end of the range.

Hedge fund Hayman Capital has taken a stake in General Motors Co and believes the U.S. automaker's stock is poised to rise more than 40 percent over the next 12-18 months after the U.S.

American retail chain Abercrombie & Fitch's shares increased by 5.8% to USD35.99 per share after activist investor Engaged Capital urged the firm to change its leadership and explore a possible sale.

Fullerton, an investment fund run by Singaporean sovereign wealth fund Temasek Holdings, has acquired 5 million shares in Bollywood film distributor Eros International at USD11 apiece.

Chinese billionaire Yuzhu Shi and a Baring Private Equity Asia affiliate sought to take Giant Interactive Group Inc. private for USD11.75 per American Depositary Share (ADS). The consortium values the Chinese online game developer at USD2.82 billion.

Liquified petroleum gas transporter and distributor Navigator Holdings Ltd. raised USD228 million in its public float. Owner of the world's largest gas fleet, Navigator sold a total of 12 million shares priced at USD19 apiece.

Textbook rentals and academic services company Chegg priced its IPO at USD12.50 per share. The startup exceeded expectations after initially pricing its share at USD9.50 to USD11.50 per share.

A Forbes contributing article by an economist said Twitter's massive hype could not save itself from faring better on the stock market in the long-run.

Since the Facebook bungle, Nasdaq had been hard pressed to recover to list more tech IPO stocks in its fold.

Twitter announced that it had set its IPO price at USD26 per share and will start trading on the New York Stock Exchange on Thursday.

A filing with the US Securities and Exchange Commission showed that the holding company of Chinese app maker GO Launcher planned to get listed on the New York Stock Exchange.

In order to avoid the fiasco of Facebook on the NASDAQ, the NYSE ran simulated IPO tests to iron out glitches and kinks in its systems.

A projected USD150 million would be earned when 500.com lists its shares for an IPO at the New York Stock Exchange.

The New York Stock Exchange (NYSE) had approved a dry run on October 26 for trading firms to test its systems to check whether there are technical issues that could affect trading in the upcoming Twitter Inc IPO.

In its amended IPO filing, Twitter would be listed with the NYSE and also reported increased revenues and user base despite mounting losses.