May 28, 2010 at 6:11 a.m.
Filed under:
Exchanges,
IPOs
Reuters | CBOE Holdings Inc, operator of the biggest U.S.
options exchange, said three of its 22 directors have resigned, less
than three weeks before an initial public offering that would value the
exchange at $2.87 billion.
All three of the directors are executives at Wall Street banks
underwriting the $328 million IPO, including lead underwriter Goldman
Sachs. Their resignations were effective on May 26, CBOE said in a U.S.
Securities and Exchange Commission filing on Thursday. None of the
board members who remain work for any of the other 15 underwriters.
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May 27, 2010 at 3:53 p.m.
Filed under:
Exchanges,
IPOs
Dow Jones Newswires | The Chicago Board Options Exchange is moving ahead with its IPO on schedule despite the current rough market, with a road show starting early next week and a trade date scheduled for June 15.
CBOE Holdings Inc., which set a price range Thursday at $27 to $29 a share, is launching its deal at a time when initial public offerings have been struggling due to broader market volatility. Several deals have postponed and most offerings have priced below their expected ranges in May.
Analysts have said the exchange will likely do better than most offerings in the current atmosphere because of its relative rarity: It is the last member-owned U.S. exchange to demutualize and go public.
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May 21, 2010 at 5:21 p.m.
Filed under:
Exchanges,
IPOs
Dow Jones Newswires | Seatholders of the Chicago Board Options Exchange on Friday approved a
plan to convert their memberships to shares in the company, clearing the
way for a long-planned public offering.
Member-owners’ backing of the deal, which will see CBOE Holdings Inc.
float an expected $300 million in shares on the Nasdaq Stock Market next
month, marks the last major step on a four-year road for the world’s
fourth-largest derivatives exchange by contract volume.
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May 5, 2010 at 2:06 p.m.
Filed under:
Earnings,
Exchanges,
IPOs
Dow Jones Newswires | The Chicago Board Options Exchange
increasingly relies on its stable of contracts tied to stock indexes, a
key area of its business that could be affected by a proposed cap on
trading fees.
The largest U.S. options exchange by volume said that index options made
up nearly a quarter of first-quarter activity, which was up 2 percent
from a year earlier.
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March 26, 2010 at 3:48 p.m.
Filed under:
IPOs,
Investing
By Julie Wernau | A Chicago-based provider of online investment services for financial
advisers is preparing to go public in a $100 million offering. Envestnet
Inc. plans to trade on the New York Stock Exchange under the symbol
ENV. Morgan Stanley, UBS and Barclays Capital are serving as co-lead
underwriters.
The company reported approximately $78 million in 2009 revenue, down
from $92 million the prior year. A date for the offering has not yet
been set.
The most recent prospectus can be found here.
March 11, 2010 at 8:19 a.m.
Filed under:
Exchanges,
IPOs
By Greg Burns | Chicago’s last major stand-alone exchange crossed a milestone Thursday in its long-delayed effort to demutualize and launch an initial public offering.
The Chicago Board Options Exchange has submitted S-1 and S-4 documents with the Securities and Exchange Commission for an IPO of up to $300 million, setting the stage for a required membership vote in coming weeks, and potentially an IPO at mid-year.
The Chicago company, CBOE Holdings Inc., did not say when it plans to go public or how many shares it hopes to sell.
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Feb. 3, 2010 at 6:23 a.m.
Filed under:
IPOs,
Real estate
General Growth Properties, Inc. announced Aliansce Shopping Centers S.A. has completed an initial public offering of Aliansce’s common shares on the Brazilian Stock Exchange,
The initial public offering involved 65,000,000 of Aliansce’s common shares, with each share priced at $4.86. Aliansce sold 50,000,000 shares in the offering and selling shareholders other than GGP sold 15,000,000 shares.
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