cars

Yongda relaunches IPO at smaller size, cheaper price

The BMW dealer now aims to raise $215 million and is believed to have secured enough demand to drag the offering across the line, even as Oman Investment Fund pulls out as a cornerstone investor.
July 02, 2012

Formula One delays launch of Singapore IPO

The company decides to hold off on launching the institutional roadshow as global equity markets continue to tumble, making investors extremely risk averse.
June 03, 2012

Two Chinese companies seek $541 million from HK listings

BMW dealer Yongda Auto is aiming to raise at least $306 million, while copper producer China Nonferrous Mining is seeking at least $235 million from the first listing of Africa-based mining assets in Hong Kong.
May 14, 2012

Indian auto components maker withdraws IPO

Samvardhana Motherson Finance calls off its $313 million IPO after poor sentiment towards India and concerns about new tax regulations leave the deal only 0.2 times covered.
May 07, 2012