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Fitbit looks to raise USD 358.4 mln from IPO
2015-06-02 23:09:00| Telecompaper Headlines
(Telecompaper) Fitbit, a US-based maker of connected, wearable fitness devices, expects to price its initial public offering at USD 14-16 per, the New York Times reported, citing a filing with the Securities and Exchange Commission. The company intends to sell 22.4 million shares and its existing shareholders expect to sell 7.5 million shares. At the midpoint of the price range, Fitbit would be valued at nearly USD 3.1 billion. Fitbit could raise up to USD 358.4 million from the offering, but it will not receive any proceeds from the sale of the 7.5 million shares belonging to existing investors.
Fitbit flotation to raise up to $358m
2015-06-02 16:44:06| BBC News | Business | UK Edition
Wearable tech company Fitbit says it will price its shares between $14 and $16 each, raising up to $358m (234m) from its initial public offering.
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Focus - Is South Africa About to Raise Legal Drinking Age to 21?
2015-05-28 16:52:00| Daily beverage news and comment - from just-drinks.com
Last week, the South African government put up for public discussion proposed changes to the country's alcohol regulations. The 36-page Liquor Policy Review has caused a few ripples as it contends not only that alcohol producers and retailers should be made liable for drink-related damage to consumers but that the minimum drinking age should be increased from 18 to 21.
Wacker Polymers to Raise Prices For Dispersions in EMEA
2015-05-25 07:00:00| Coatings World Breaking News
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emea
Solar industry buys statewide TV ads urging lawmakers to raise solar cap
2015-05-22 06:15:17| Semiconductors - Topix.net
Paid for by the Alliance for Solar Choice, this ad criticizes NV Energy and politicians and says that thousands of jobs will be on the line if lawmakers don't raise the solar cap before the end of the session. A new ad campaign backed by a team of rooftop solar companies urges lawmakers to raise a controversial cap that currently limits how many consumers can power their homes and the grid with renewable energy.
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