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Page 559

SinoTech powers on for Nasdaq listing

SinoTech Energy will float 19.7 million American depositary shares (ADS), each representing two ordinary shares worth a maximum $4.75 each

Oct 21, 2010

Venture backers give up shares in Advasense

Israel-based news provider Calcalist said the investors "transferred all of their holdings in the company [Advasense] to three employees, for no compensation".

Oct 20, 2010

Ngmoco plays its way into DeNA's hands

DeNA will pay $300m initially and up to another $100m in performance fees by the end of next year to buy Google-backed Ngmoco.

Oct 17, 2010

Broadcom finds latest acquisition in Beceem

Broadcom will pay $316m in cash for Beceem Communications, minus unvested employee options that will receive Broadcom stock.

Oct 17, 2010

HaloSource launches $80 flotation

HaloSource, a US-based company for water purification, issues $50m of new shares at its London Stock Exchange initial public offering and existing shareholders sell $30m of stock.

Oct 13, 2010

Mail.ru plans UK flotation

Naspers and Tencent-backed Mail.ru could be worth up to $5bn at its London listing.

Oct 13, 2010

Hulu circles US flotation

The initial public offering could value Hulu at about $2bn could be filed with the US regulator this year and take place in the first half of next year, Reuters said.

Oct 11, 2010

Sutrepa sews up PregLem exit

Gedeon Richter will pay up to SFr445m ($462.8m) for PregLem, a biopharmaceutical company focused on the treatment of gynaecological conditions and infertility.

Oct 10, 2010

Altaris sells down Creganna-Tactx Medical

A year after AIG sells venture capital operation Altaris the firm realises part of its Creganna-Tactx Medical stake.

Oct 8, 2010

Pacific Biosciences lays out flotation details

Pacific Biosciences, a US-based gene sequencing company, plans to raise $200m on Nasdaq.

Oct 6, 2010
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