IPO News

Rio Tinto Saudi partner plans $2.5 billion IPO Monday, 12 May 2008

RIYADH (Reuters) - State-owned Saudi Arabian Mining Co (Maaden) plans to raise 9.25 billion riyals ($2.47 billion) in July in the Middle East's biggest mining IPO, valuing the firm at $4.9 billion, the Saudi bourse regulator said on Monday.  Full Article

 
UPDATE 2-Ukraine poultry firm MHP valued at $1.7 bln in IPO Friday, 9 May 2008 

MOSCOW, May 9 (Reuters) - Mironovskiy Hleboproduct (MHP) , Ukraine's biggest poultry producer, plans to raise about $322.5 million in a $1.7 billion London flotation, aiming to use the funds to expand its production of high-priced grain.  Full Article 

UPDATE 2-Mexico's Fresnillo raises $1.8 bln in London IPO Friday, 9 May 2008 

LONDON, May 9 (Reuters) - Shares in Fresnillo Ltd fell as much as 10 percent after the world's biggest silver producer raised 905 million pounds ($1.77 billion) in a London flotation that was priced at the bottom of the expected range.  Full Article 

Currency
US $ inGBP =0.5132
Euro inGBP =0.7930
¥en inGBP =0.0049
Symbol Bid Ask
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MINI GOLD $866.60 $866.90
MINI SILVER $16.89 $16.90