Word: ipos
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China National Petroleum garnered $2.9 billion in proceeds from the April 2000 initial public offering (IPO) of off-shoot PetroChina...
...that time, PetroChina’s chairman Ma Fucai said that a “firewall” between PetroChina and its parent company would ensure that none of the IPO revenues would go toward funding ventures in Sudan...
...with labor unions and human rights activists protesting the IPO, several major U.S. institutional investors declined to purchase shares...
...dozen Juan Valdez cafes are open in Colombia, with plans for as many as 300 worldwide by 2007. The federation has even created a private company to run the coffee-shop business, with an IPO on the horizon. (The federation's egalitarian goal: to have each member of the growers' cooperative receive at least one share.) Still, Starbucks, with some 8,300 outlets standing, should hardly be shaking in its boots...
...competitors. Citron isn't ready to sell just yet. There are about 26 million homes and small businesses in the U.S. with broadband, and Vonage needs to capture only a fraction to build a sizable business. In the meantime, Citron and his investors are laying the groundwork for an IPO. Citron declines to speculate on his or his company's future, but he's certain he has made his mark. "No matter what happens with Vonage, the world will forever be changed because of what we've done," he says. Or your phone bill will be changed, at the very...