By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Two of the world’s leading suppliers of cement, Holcim Ltd and Lafarge SA said on Friday they have reached an agreement on their planned €42 billion ($44.27 billion) merger deal. “The Boards of Directors of Holcim and Lafarge are pleased to announce that they have […]
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GoDaddy’s IPO to value Web hosting company at up to $2.87 billion
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 […]
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. […]
