Thu Mar 19, 2015/Reuters Web hosting company GoDaddy Inc’s initial public offering is expected to value the company at up to $2.87 billion and comes at a time when there has been a steep fall in the number of companies going public in the United States. The IPO market has […]
Business News
Alibaba investors face lock-up battered but largely unbowed
Wed Mar 18, 2015/Reuters As Alibaba (BABA.N) was preparing to sell shares to U.S. investors for the first time, Jerry Verseput tried to persuade his clients not to throw money at the giant China-based e-commerce company because he thinks IPOs are a gamble, especially those with a lot of hype. […]
Holcim-Lafarge €42 Billion Merger Deal Hits Rock
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-One of the world’s leading suppliers of cement and aggregates, Holcim Ltd said on Monday a planned €42 billion ($44.27 billion) merger with Lafarge SA may no longer hold. This is coming on the heels of pressure from shareholders of Holcim which made the company […]
