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Alibaba to raise up to USD 24.3 billion in IPO
2014-09-08 09:29:00| Telecompaper Headlines
(Telecompaper) Alibaba has amended its IPO filing in the US to raise up to USD 24.3 billion. The Chinese company will sell up to 368 million shares at USD 60-66 each, according to the latest filing with the SEC. In addition to 123.1 million new American Depositary Shares, its existing shareholders Yahoo, executive chairman Jack Ma and executive vice chairman Joe Tsai will together sell 197.0 million ADS. The underwriters will have the option to sell another 48.0 million ADS if demand warrants. Yahoo is expected to reduce its stake in Alibaba to 16.3 percent from 22.4, and Softbank's stake will dilute to 32.4 percent from 34.1. Ma, also the founder of the company, will still hold 7.8 percent of the company after the offering.
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FABTECH Expo to Raise Funds for Workshops for Warriors
2014-09-08 06:00:00| Industrial Newsroom - All News for Today
FABTECH launched 2014 FABTECH Expo Cares campaign in connection with FABTECH 2014 Expo in Atlanta. Charitable fundraising effort aims to benefit U.S. military veterans and assist them in obtaining jobs within manufacturing sector. Specifically, this campaign seeks to raise funds in support of Workshops for Warriors, a 501(c)(3) non-profit organization dedicated to training, certifying, and placing veterans in manufacturing careers. FABTECH 2014 will take place in Georgia on November ...This story is related to the following:Trade Associations
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The Vancouver Aquarium Dives in to Help Raise Awareness of the Great Canadian Shoreline Cleanup
2014-09-04 02:05:00| Grocery - Topix.net
VANCOUVER, British Columbia, Sept. 3, 2014 -- Vancouver, B.C - September 3, 2014.
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Oil and Gas Drilling Raise Electricity Prices in West Texas
2014-09-04 01:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Scientific American: In July 2012, Frontier Texas, an Old West museum located in Abilene, received an electric bill nearly $4,000 higher than expected. Oddly enough, the museum hadnt used an unusual amount of power that month. Rather, the cause of the high bill was the fact that Abilene lies in Texass western power trading zone, which happens to be home to the Permian Basin, the nations most prolific oil-producing region. How is oil development raising electricity prices in West Texas? It all has to do with congestion...
Help raise money to boost coastal conservation
2014-09-01 10:24:59| Beverages - Topix.net
On Tuesday, Sept. 9, CCANH will be the featured nonprofit organization at the Flatbread Co.'
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