Menu

Tag: NYSE

Why multiple share listings?

HONG KONG (Dow Jones Investment Banker) – Logically, there’s reason to offer around-the-clock trading on securities: Investors can trade from their home turf some of their large holdings. But Vale S.A.’s Hong Kong listing shows the value of such an option is questionable in practice.

read

, , , , , , , , , Brazil, De-listing, Depositary receipts... +7 more

General Motors’ IPO becomes the world’s largest-ever

General Motors Company (GM) announced on 26 November 2010 that the value of both the common and preferred stock sold in its IPO by its selling shareholders, including the US Department of the Treasury, reached US$23.1 billion, following the exercise of the over-allotment options under both offerings. read

, , , , , Global, NYSE, Over-allotment options... +3 more