Secondary Share Offerings / Issues

Lyft raises another $500 million in additional round of funding

Lyft raises another $500 million in additional round of funding

Published 23/11/2017

(Reuters) - Uber rival Lyft Inc is raising an additional $500 million in funding, according to a U.S. share authorization document filed in Delaware news [more…]

Russia, bracing for U.S. sanctions, to woo Chinese investors for its bonds

Russia, bracing for U.S. sanctions, to woo Chinese investors for its bonds

Published 10/11/2017

Russia plans to hold a non-deal road show in China soon to pitch its OFZ treasury bonds denominated in yuan to Chinese investors, as a safeguard against new U.S. sanctions causing other foreign investors to exit the bonds, a Russian deputy finance minister said. [more…]

MSCI blocks new stocks lacking voting rights from some indexes

MSCI blocks new stocks lacking voting rights from some indexes

Published 03/11/2017

MSCI Inc will temporarily ban new companies that deny equal voting rights to shareholders from two market indexes, intensifying a debate over who should police perceived lapses in corporate governance. [more…]

Switch Inc`s IPO prices at $17 per share

Switch Inc`s IPO prices at $17 per share

Published 05/10/2017

Switch Inc (SWCH.N) raised about $531.3 million from its initial public offering which was priced at $17 per share, making the data-center operator the second-largest U.S. technology listing this year. [more…]

Amazon affiliate to buy $27.6 million stake in Indian retailer Shoppers Stop

Amazon affiliate to buy $27.6 million stake in Indian retailer Shoppers Stop

Published 24/09/2017

An affiliate of Amazon.com Inc has agreed to buy a 1.79 billion-rupee ($27.6 million) stake in Indian retailer Shoppers Stop Ltd, the Indian company said in a filing. [more…]

China regulator says Unicom reform plan does not violate rules, shares surge

China regulator says Unicom reform plan does not violate rules, shares surge

Published 21/08/2017

China Unicom's $11.7 billion ownership reform plan does not violate rules, the nation's securities regulator said, helping shares in the telecom group's units surge as they resumed trade on Monday after speculation that the deal was under scrutiny. [more…]

S&P 500 to exclude Snap after voting rights debate

S&P 500 to exclude Snap after voting rights debate

Published 01/08/2017

The front of the New York Stock Exchange (NYSE) with a Snap Inc. logo hung on the front of it stands shortly before the company's IPO in New York, U.S., March 2, 2017.

The S&P 500 .SPX will start excluding companies that issue multiple classes of shares, managers of the index said on Monday, a move that effectively bars Snap Inc (SNAP.N) after its decision to offer stock with no voting rights.

[more…]

Israel`s Gamida Cell raises $40 million for bone marrow trial

Israel`s Gamida Cell raises $40 million for bone marrow trial

Published 19/06/2017

Israel's Gamida Cell, which is developing cellular therapies to treat cancer and rare genetic diseases, said on Monday it raised $40 million to finance the advanced trial of its product NiCord to facilitate bone marrow transplants.

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Heavily indebted China Evergrande sells $1 billion notes for refinancing

Heavily indebted China Evergrande sells $1 billion notes for refinancing

Published 24/03/2017

A promotional footage on a property development of China Evergrande Group is shown at a news conference on the company's interim results in Hong Kong, China August 30, 2016. REUTERS/Bobby Yip/File Photo

China Evergrande Group (3333.HK), the country's top home builder added to its massive debt pile with a $1 billion seven-year bond on Friday that sold briskly due to its hefty yield.

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Food startup Eatsa sued for not making kiosks accessible to blind

Food startup Eatsa sued for not making kiosks accessible to blind

Published 24/03/2017

Customers order meals on tablets and pick up food from cubbies at Eatsa, a restaurant in the financial district of San Francisco, California, U.S., September 28, 2016. REUTERS/Peter Henderson

Fast food startup Eatsa is being sued by disability rights advocates for not including accessibility features for the blind.

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