Sentence examples for initial share offer from inspiring English sources
The Citic Securities Company, a unit of one of China's largest investment companies, cut its initial share offer a second time, to 1.76 billion yuan ($212 million), after profit fell four-fifths in the first 11 months of the year.
That said, a 36% gap between market price and privatisation price is far wider than would normally be thought necessary to whet punters' appetite for future privatisations (remember that the Department for Business Innovation and Skills has another 30% of Royal Mail to flog, probably next summer, so ministers would not want to burn investors buying in this initial share offer).
"Preparatory work for Telkom's initial public share offer is well advanced," Mr. Manuel said in his budget update to Parliament this week.
Fox has not raised the initial £10.75 per share offer it tabled on Friday.
"Microsoft made a brilliant move by bidding 62 or 63percentt higher, when Yahoo was in a period of weakness," Mr. Miller said, referring to Microsoft's initial $31 a share offer on Jan.
The implied $47.50 price is 37.5% higher than Baxalta's share price on 3 August before an initial all-share offer by Shire was announced.
Several hundred million shares changed hands in the early hours of trading as some investors, who lost out on the initial share allocation because the offer was oversubscribed, tried to buy shares while others were eager to sell and make an instant gain.
"We are very encouraged by the initial response to the share offer.
The KPN stock offer was to be the world's fifth-largest initial share sale, just behind that of AT&T Wireless Group, which raised $10.6 billion this week.
The government will offer shares in the bank to bank employees and domestic investors, starting with an initial share sale by next June, William Tseng, the bank's president, said.
Cadbury, the company behind Dairy Milk, Jelly Babies and Bassett's Allsorts, has firmly rejected Kraft's overtures, describing the initial cash-and-shares offer as "unappealing".
