David Menlow News
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Brazilian equity sales have slowed so much that Louis Dreyfus Holding BV, the world’s second- largest sugar-cane processor, is dangling a money-back guarantee to investors who buy shares in its initial public offering.
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Manchester United Plc team owner Malcolm Glazer is so loathed by fans that some once burned him in effigy. They might hate him even more if they learn how he tried to hide the true state of the soccer club’s finances before its August initial public offering.
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Zynga Inc., the social-gaming company that held its initial public offering in December, is planning an additional offering of shares, three people familiar with the matter said.
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Zynga Inc. plans to sell a small number of shares in its initial public offering, adopting a strategy used by LinkedIn Corp. to maintain control of the company while raising money to expand, according to a person with direct knowledge of the matter.
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Angie’s List Inc. fell 9.2 percent today, dropping below its initial public offering price for the first time and joining a crop of Internet companies that have lost value since their IPOs this year.
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Tudou Holdings Ltd., China’s second- biggest video website, is attempting a U.S. initial public offering at a 62 percent discount to larger rival Youku.com Inc. after equities plunged this month, sapping demand for new stock.
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Zynga Inc., the social-gaming company that held its initial public offering in December, is planning a secondary offering of $400 million, saying it will improve the distribution of its stock.
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KKR & Co. LP , the private-equity firm run by Henry Kravis and George Roberts , may postpone a plan to sell $500 million in new shares after moving its public listing to the U.S. from Europe, according to two people with knowledge of the plans.
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Agricultural Bank of China Ltd., the nation’s third-largest lender by assets plans to attempt what could be the biggest initial public offering in history by July, three people with knowledge of the matter said.
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Rallies in Dunkin’ Brands Inc. and Teavana Holdings Inc. after initial public offerings this week reflected growing investor interest in providers of specialty coffees and teas.
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