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.
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.
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.
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.