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AZ Electronic to all but double IPO stock on offer

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDiscovery23+ Sports Stadiums Around the World That Are Abandoned NowDiscoveryMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.com Share KCS-content whatsapp Show Comments ▼ AZ Electronic Materials is set to hike the amount it will raise in its London listing.The specialist technology company, led by boss Geoff Wild, which produces chemicals used in Apple’s iPad and iPhone, was planning to offer $400m (£254m) of new shares and $100m of existing stock.However, this will now rise to $490 of new stock and $310m of existing stock, as private equity investors Carlyle Group and Vestar Capital Partners aim to cash in on the renewed appetite for initial public offerings.The shares are expected to be priced in the mid-range at around 240p, valuing it at around $1.45bn – making it a contender for a FTSE 250 ranking. Carlyle and Vestar are both expected to retain a large holding in the firm. center_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Wednesday 27 October 2010 8:55 pm Tags: NULL AZ Electronic to all but double IPO stock on offer whatsapplast_img

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