Vector cuts IPO pricing after plans are queried

Article Abstract:

British hotel property firm Vector Hospitality PLC reduced the proposed price and lengthened order-taking after four fund management companies announced they were not likely to buy shares. The companies cited concerns about possible conflicts of interest. Shares for Vector were cut from 995 pence to between 875 and 900 pence.

Author: Dover, Molly
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Commodity & service prices, Prices and rates, Company pricing policy

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Realia gains in stock debut; Reyal Urbis puts sale on hold

Article Abstract:

Stock prices rose 0.9% for Spanish real estate firm Realia Business S.A. after the firm had to reduce their price in its initial public offering. Realia has raised $1.06 bil which excludes the overallotment option. Meanwhile, Reyal Urbis has delayed the issuing of new shares.

Author: Sinclair, Jason
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Spain, Labor Distribution by Employer, Stocks, Statistics, Stock prices

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Vector Hospitality delays listing, cites poor market

Article Abstract:

British hotel property firm Vector Hospitality PLC has postponed its initial public offering, which was anticipated to raise $3.98 bil. The company cited poor market conditions; no new time frame has been set.

Author: Howley, Victoria, Dover, Molly
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007

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Subjects list: United Kingdom, Real estate industry, Securities, Going public (Securities), Initial public offerings, Company securities, Company public offering, Planning, Company business planning
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