By Chelsea Naso ( March 5, 2015, 3:58 PM EST) -- Private equity-backed HKBN Ltd., Hong Kong's second-largest broadband Internet provider, is said to have priced its initial public offering at the top of its HK$8 (US$1.03) to HK$9 per share indicative range to raise HK$5.8 billion, Reuters reported Thursday. In the IPO, CVC Capital Partners, a unit of the Carlyle Group LP, and Singapore's sovereign wealth fund raised a total of US$710 million in the offering, the report said. CVC bought HKBN, which offers high-speed Internet to homes and businesses, from Hong Kong Television Network Ltd. in May 2012 for about US$628 million....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.