Roku has hired Morgan Stanley and Citigroup to lead its IPO, sources say. People familiar with the matter say the company is aiming for a valuation above $1 billion. Internet television company Roku has hired investment banks to lead an initial public offering that could come later this year as it aims for a valuation of more than $1 billion, ... Read More »
Tag Archives: IPO
Music Broadcast lists at Rs 420, up 26% over issue price
NEW DELHI: Music Broadcast on Friday saw stellar debut on BSE, as its shares got listed at a 26.13 per cent premium at Rs 420 compared with the issue price of Rs 333 apiece. The IPO, which was sold between March 6 and March 8, received nearly 8.5 lakh applications and was subscribed 39.67 times. Before this, DB Corp was ... Read More »
Vodafone Plans To File For India IPO In August: Report
Hong Kong: Vodafone Group is likely to file a draft prospectus for the planned IPO of its Indian business in August with the listing expected in the fourth quarter, in a deal seen raising as much as $2.5 billion, people with direct knowledge of the matter told Reuters. The British telecoms group, India’s largest mobile operator after Bharti Airtel , ... Read More »
Microsoft buys Skype
The rumors that appeared overnight have turned out to be true. Microsoft has confirmed the purchase of Skype for $8.5 billion in cash. Microsoft has been very clear in that it sees Skype’s technology and services being applied across the board to both its consumer and business customers. That means enterprise customers will receive a new way to communicate over voice and video, ... Read More »