Quelle: bloomberg.com
Quelle: bloomberg.com
Posts mit dem Label IPO werden angezeigt. Alle Posts anzeigen
Posts mit dem Label IPO werden angezeigt. Alle Posts anzeigen
Dienstag, 26. Januar 2016
Peak erreicht? Deals am amerikanischen IPO-Markt brechen ein
Keine gute Zeichen am IPO-Markt in den USA:
Sonntag, 14. Juni 2015
Milliardär Thomas Kaplan geht mit Electrum auf Jagd im Minensektor
Top-News für die Minenbranche. Ein weiterer legendärer Investor sammelt noch mehr Kapital ein, um sich am Boden zu positionieren..
Electrum Special Acquisition Corporation Announces Pricing of Initial Public Offering
NEW YORK, Jun 11, 2015 (BUSINESS WIRE) -- Electrum Special Acquisition Corporation (the "Company") today announced the pricing of its initial public offering of 17,500,000 units at $10.00 per unit. Each unit consists of one ordinary share and one warrant to purchase one-half of one ordinary share for $5.75 per half share, subject to adjustment.
The units are expected to begin trading Thursday, June 11, 2015 on the NASDAQ Capital Market under the symbol "ELECU." Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be listed on the NASDAQ Capital Market under the symbols “ELEC” and “ELECW,” respectively.
The Company is a blank check company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with, target businesses. Although the Company’s search for a target business is not limited to a particular industry or geographic region, it intends to focus its search on target businesses that operate in the metals and mining industry, with an emphasis on gold and other precious metals. An affiliate of The Electrum Group LLC, a privately held global natural resources investment management company that manages the assets of Thomas S. Kaplan and other institutional investors, is acting as the Company’s sponsor..
Electrum Special Acquisition Corporation Announces Pricing of Initial Public Offering
NEW YORK, Jun 11, 2015 (BUSINESS WIRE) -- Electrum Special Acquisition Corporation (the "Company") today announced the pricing of its initial public offering of 17,500,000 units at $10.00 per unit. Each unit consists of one ordinary share and one warrant to purchase one-half of one ordinary share for $5.75 per half share, subject to adjustment.
The units are expected to begin trading Thursday, June 11, 2015 on the NASDAQ Capital Market under the symbol "ELECU." Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be listed on the NASDAQ Capital Market under the symbols “ELEC” and “ELECW,” respectively.
The Company is a blank check company formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with, target businesses. Although the Company’s search for a target business is not limited to a particular industry or geographic region, it intends to focus its search on target businesses that operate in the metals and mining industry, with an emphasis on gold and other precious metals. An affiliate of The Electrum Group LLC, a privately held global natural resources investment management company that manages the assets of Thomas S. Kaplan and other institutional investors, is acting as the Company’s sponsor..
Quelle: forbes.com
Mittwoch, 3. Dezember 2014
Minengigant Vale visiert Abspaltung an und senkt Investitions-Budgets
Interessante News von der brasilianischen Vale (NYE:VALE) diese Woche:
Vale confirms plans to sell stake in $35 billion base metals unit
Cecilia Jamasmie | December 2, 2014
Vale's CEO Murilo Ferreira.
World's top iron ore producer Vale (NYSE:VALE) plans to sell a minority stake of its global base metals unit, which is finally starting to contribute to profits after years of delays, accidents and stoppages, in an effort to deal with the ongoing price collapse of the commodity.
Chief Financial Officer Luciano Siani told Bloomberg TV the Brazilian miner is analyzing funding options for projects and an IPO seems to be the most obvious approach.
Ferreira, who is visiting investors in New York and London this week, could outline the plan to list a new entity in Toronto and the UK as early as today
CEO Murilo Ferreira, who is visiting investors in New York and London this week, could outline the plan to list a new entity in Toronto and the UK as early as today, according to Reuters’ sources. They added that Vale is likely to retain a majority interest in the new company if it goes ahead with the plan.
The Rio de Janeiro-based firm has been increasing iron ore production at a record pace at a time of slowing demand in China, the largest consumer of metals, has pushed down prices of the steelmaking material to the lowest in more than five years.
Vale's iron ore business contributed 62% of the company's gross revenue in the third quarter.
Prices for the commodity returned Tuesday to levels above $70 a tonne after a weak November trading period that saw iron ore trading as low as $68 a tonne.
Cutting capex
The company said Tuesday morning it would reduce its investment budget for 2015 to $10.2 billion from the $12.5 billion previously announced, as the company looks to avoid a cash flow squeeze in the midst of an iron ore price that has halved this year.
The company also said it expected to produce 340 million tonnes of iron ore in 2015.
Waste dumping case
The company is also making news today as a Canadian case involving allegations against the firm has reopened this week after a six-month break. The company, reports The Western Star, faces allegations of illegal dumping of liquid waste into Anaktalak Bay in Labrador, Newfoundland.
You can follow #ValeDay Live Coverage on Twitter: @ValeGlobal
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