IPO News
German IT firm DEVIL pulls IPO on lack of interest
FRANKFURT, May 14 (Reuters) - German IT hardware and software supplier DEVIL AG pulled its planned initial public offering and said it was reviewing alternative financing options after investors signed up for just half the shares on offer. Full Article
London exchange hosts $5 bln IPOs in a month
LONDON, May 14 (Reuters) - The London Stock Exchange has seen seven international companies raise a combined $5.1 billion in initial stock offerings between April 22 and May 14, a sign of a revival in the IPO market. Full Article
Hedge firm Absolute Capital to demerge Argo unit
LONDON, May 14 (Reuters) - Absolute Capital Management plans to demerge its emerging market credit fund business Argo Capital to disassociate it from the European hedge fund firm's recent problems, Absolute said on Wednesday. Absolute Capital said it would apply for Argo's shares to trade on London's junior AIM market within six months of the demerger. Full Article
| Symbol | Bid | Ask |
|---|---|---|
| BRENT CRUDE | $123.31 | $123.38 |
| MINI GOLD | $881.70 | $881.90 |
| MINI SILVER | $16.83 | $16.85 |
