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Market Rumors: HKBN, Hootsuite, SH Kelkar

By Chelsea Naso ( February 2, 2015, 4:51 PM EST) -- Chinese broadband services provider HKBN Ltd., which is backed by private equity firm CVC Capital Partners, is set to seek listing approval from regulators Thursday for a Hong Kong initial public offering that could raise between $500 million and $700 million, the Wall Street Journal reported Monday, citing people familiar with the matter. Shares owned by CVC, which holds a 70.7 percent stake, and by members of HKBN's management will account for the entire offering, the report said. If the broadband services provider nabs approval, it will be on track to take orders from investors following the Lunar New Year holidays in Hong Kong....

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