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DealBook: Trulia Jumps 30% in Debut
Trulia, the real estate information site, rose 30 percent in its debut to open at roughly $22, defying the recent lackluster performance of newly public stocks. It’s a solid debut for the start-up,...
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DealBook: A.I.G. to Sell Remaining Stake in Asian Insurer
Eric Thayer/ReutersAmerican International Group’s offices in New York. HONG KONG– The insurance giant American International Group said on Monday that it had started a process to sell off its entire...
View ArticleDealBook: Private Equity in China: Which Way Out?
HONG KONG — Welcome to the private equity game in China: you can buy in anytime you like, but you can never leave. At least, that is how it is starting to seem for many of the firms that bought in big...
View ArticleHong Kong Takes a Second Look at Changes to Corporate Database
HONG KONG — The second-highest official in Hong Kong said Wednesday that the government was reviewing a proposed rule change that had triggered a groundswell of worry among global banks, accounting...
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Media Decoder Blog: InterMedia Forms Media Group Focusing on Puerto Rican...
Alan J. Sokol InterMedia Partners, the private equity firm that owns the Puerto Rican broadcast network WAPA Television and the cable channels WAPA America and Cine Latino, announced on Wednesday that...
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Russia’s Largest Stock Exchange Begins Trading
Alexey Sazonov/Agence France-Presse — Getty ImagesTraders at the Micex in 2008. MOSCOW — Russia’s main stock exchange has garnered enough investor interest for an initial public offering, another...
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DealBook: Alibaba Buys Stake in Sina Weibo, a Chinese Answer to Twitter
Carlos Barria/ReutersAlibaba is taking an 18 percent stake in Sina Corporation‘s Weibo, the most popular of China’s microblogging services. 5:32 p.m. | Updated The Internet giant Alibaba was once known...
View ArticleMessy Path to Privatization for New Zealand Power Company
AUCKLAND — Aerial shots of majestic dams and steaming geothermal power stations amid lush countryside form the backdrop for television advertisements promoting the initial public offering of the...
View ArticleShares Rise After I.P.O. of New Zealand Power Utility
AUCKLAND — Shares in the government-controlled utility Mighty River Power, the first of several such New Zealand companies to be partially privatized, rose nearly 5 percent Friday in their first day...
View ArticleIsraeli Electric Car Company Files for Liquidation
JERUSALEM — The vision was ambitious. Better Place, an electric vehicle infrastructure company, unveiled plans more than five years ago to pioneer a system of quick-service battery swapping stations...
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