Glencore International Plc’s initial public offering values the stakes of the company’s top six executives at $ 23 billion, surpassing wealth generated by some of Wall Street’s most storied firms.
BusinessWeek.com — Finance
European stocks rose after the U.S. Federal Reserve signaled interest rates will remain low and metal prices advanced on bets Chinese demand will escalate, boosting confidence in a global economic recovery. U.S. futures climbed and Asian shares fell.
BusinessWeek.com — Finance
Glencore International AG Chief Executive Officer Ivan Glasenberg will own 15.8 percent of the commodities company after its initial public offering this month, which may value his stake at about $ 9.6 billion.
BusinessWeek.com — Finance
Glencore International AG, the commodities trader planning the year’s biggest initial public offering, said the share sale in London and Hong Kong this month may value the company at about $ 61 billion.
BusinessWeek.com — Finance
Bloomberg’s Mark Barton and Poppy Trowbridge report on Swiss commodities trader Glencore International AG’s plan to sell as much as $ 11 billion in shares in an initial public offering in London and Hong Kong.
BusinessWeek.com — Finance
Goldman Sachs Group Inc. missed out on arranging Glencore International AG’s initial public offering, which may be the world’s largest this year.
BusinessWeek.com — Finance
Glencore International AG is starting the year’s largest initial public offering, valuing the company at as much as $ 60 billion, as Goldman Sachs Group Inc. urges a retreat from commodities and IPO investors shun the U.K.
BusinessWeek.com — Finance
Glencore International AG is starting the year’s largest initial public offering as Goldman Sachs Group Inc. urges a retreat from commodities and IPO investors shun the U.K. market.
BusinessWeek.com — Finance
Feed
