People walk out of a Lenta supermarket in Moscow. Photograph: Maxim Shemetov/ReutersThe Russian hypermarket chain Lenta has announced plans to float in London with a valuation of over $5bn (£3bn).The company, in which the US private equity firm TPG and Russia’s VTB Capital have the biggest stakes, has jumped a queue of British retailers that are set to follow suit […]
Joel, left, and Avram Glazer, owners of Manchester United, appear on the fllor of the New York Stock Exchange for the initial public offering of the club’s shares in August 2012. Photograph: Justin Lane/EPAThe Glazer family remain “comfortable” about Manchester United’s stockmarket value despite a fall in its share price on the New York Stock Exchange, according to sources close […]
Jay Yarow/Business InsiderTwitter CEO Dick Costolo on the floor of the NYSE.Twitter had a relatively steady first day as a public company.
The IPO was priced at $26 a share. The opening trade was at $45.10. That price took a little longer than expected for the NYSE. Trading opened at 10:49. People were expecting to start at 10 AM. The extra […]
