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Philips More Likely to Sell Lighting Unit Via IPO Than Private Sale
Mon, 25 Apr 2016 23:26:00 GMT
AMSTERDAM—Royal Philips NV said on Monday it was more likely to sell its lighting arm via an initial public offering as the Dutch electronics group struggles to find a buyer for the business. Philips said in its latest earnings report that it tilts ...

HDFC Standard Life Initiates IPO Process; HDFC To Sell 10%
Tue, 19 Apr 2016 21:21:00 GMT
Mumbai: Becoming the first life insurer in the country to initiate IPO process, HDFC Standard Life on Tuesday announced plans to launch its Initial Public Offer wherein parent HDFC Ltd would sell 10 per cent stake. While the financial details of the IPO ...

Apple, Inc. Is About to Sell Its Billionth iPhone
Wed, 27 Apr 2016 18:07:00 GMT
So Apple only needs to sell a little over 50 million more iPhones before it gets ... Apple said in January 2015 that it hit 1 billion iOS devices sold, which includes iPads and iPod Touches. Of course, not all of these are still active today, and Apple's ...

Saudi Aramco to Sell Less than 5% in IPO
Mon, 25 Apr 2016 16:58:00 GMT
King Salman said in a televised announcement that the Cabinet approved the plan, known as Vision 2030, and called on Saudis to work together to ensure its success. Saudi Arabia will float less than 5% of state oil giant Saudi Aramco, crown prince Mohammed ...

SecureWorks Said to Sell Fewer Shares in IPO, Below Price Range
Thu, 21 Apr 2016 16:34:00 GMT
SecureWorks Corp., the cybersecurity company owned by Dell Inc., sold fewer shares than originally marketed in its initial public offering, pricing the stock below the deal’s planned range, according to a person familiar with the matter. The company sold ...

Turning Point Brands Prices IPO at $13.00-$15.00 Per Share (TPB)
Sat, 30 Apr 2016 23:29:00 GMT
Cowen and Company and FBR acted as the underwriters for the IPO. Turning Point Brands provided the following ... in terms of total OTP consumer units shipped to retail. We sell a wide range of products across the OTP spectrum, including moist snuff ...

HDFC Standard Life to initiate IPO process; HDFC to sell 10% stake
Wed, 20 Apr 2016 00:17:00 GMT
HDFC Standard Life will be the first life insurer to initiate an IPO process in India. Becoming the first life insurer in the country to initiate the IPO process, HDFC Standard Life has announced plans to launch its Initial Public Offer wherein parent HDFC ...

AIG aims to sell down $1.2B stake in China insurer PICC
Fri, 29 Apr 2016 23:04:00 GMT
Following the global financial crisis, AIG sold part of its Asian life insurance business AIA Group Ltd. through a $20.1 billion Hong Kong IPO in 2010 to help repay a U.S. government bail-out. Over a period of time, AIG fully exited from AIA. But in 2013 ...

ICICI Bank approves IPO for life insurance unit
Sat, 30 Apr 2016 20:15:00 GMT
ICICI Bank's board of directors has agreed to sell a part of its shareholding in ICICI Prudential Life. It did not disclose the size but said at any point of time, they'd continue to remain majority shareholders. Chanda Kochhar, the managing director ...

Will Apple ever sell cars? One analyst says no
Thu, 28 Apr 2016 01:00:00 GMT
They don't necessarily prove that Apple will eventually sell an autonomous car ... thing when it saw the shift toward digital music in the late 1990s and launched the iPod. It also predicted the increasing importance of mobile devices and created a ...

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