General Motors is about to go public again and management is flying around on private jets for the road show. Flashiness aside, success may depend on how the Volt is received.
Continue reading GM Will Soon Go P…
Goldman Sachs Group won’t stop taking orders for General Motor’s initial public offering at noon Friday, the investment banking giant now says, despite an email sent by the bank to clients on Thursday that said it would, Dow Jo…
With just days to go before its anticipated initial public offering of stock, General Motors reported Wednesday that it earned $2 billion in the third quarter, its most profitable this year.
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Dutch bank ING Groep (ING) is preparing its U.S. insurance business for an IPO.
ING agreed to separate its banking and insurance businesses by the end of 2013 so it could get European Commission approval for a government bailout, Bloomberg News said. The bank is now considering IPOs for both its European and U.S. insurance divisions.
“While the option of one IPO remains open, we are…
Continue reading ING Prepares U.S. Insurance Business for IPO
ING Prepares U.S. Insurance Business for IPO originally appeared on DailyFinance on Wed, 10 Nov 2010 06:50:00.
Filed Under: Company News, Insurance, Credit, Market News
A group of private-equity investors is calling on the CEO of Chinese Internet giant Alibaba Group to throw his support behind a buyout offer for Yahoo, Reuters reports. Alibaba founder Jack Ma is reportedly considering his opt…