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Although many companies seek acquisition offers in the months leading up to an IPO, also known as a "dual-track process," that wasn't what happened with this one.
Although many companies seek acquisition offers in the months leading up to an IPO, also known as a "dual-track process," that wasn't what happened with this one.
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The Geneva-based company will seek acquisitions instead.
Bertelsmann has said it intends to seek acquisitions after getting long-running financial problems under control.
Analysts said it might seek acquisitions in Spain and Eastern Europe, competing in a turbulent market.
The fund will look for marketing and product-development agreements and seek acquisitions and other partnerships.
NYCB has stated that it continues to seek acquisitions that would result in its assets exceeding $50 billion.
Recently Panmure Gordon suggested UBM should sell its PRNewswire business and seek acquisitions in the events sector.
His executives urged him repeatedly to seek acquisitions, but, except for some smaller deals, like the acquisition of Miramax, he always seemed reluctant.
The Liberty Media Corporation's debt was placed under review for a possible downgrading by Moody's Investors Service yesterday after the company said it might seek acquisitions or return equity to shareholders.
BNP Paribas, France's largest lender by market value, may seek acquisitions in the U.S. to expand in an economy that's growing more than twice as fast as its home market, Chief Executive Officer Baudouin Prot said.
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