ING Groep NV, the Dutch bank and insurance company, has struck a deal to sell $1.8 billion (1.28 billion euros) worth of shares in its insurance arm to Asian investors later this year. The European Commission has instructed ING to …
Profits aren’t the only thing lacking at Twitter Inc. ahead of its planned initial public offering. It’s got a dearth of patents, too. The microblogging service said in its prospectus last week that it has nine issued U.S. patents. That …
A group of investors including state pension funds in North Carolina and Arkansas will be the lead plaintiffs in securities lawsuits arising out of Facebook Inc’s $16 billion initial public offering, a U.S. judge ruled on Thursday. The investors, in …
Nasdaq OMX Group Inc plans to pay out $62 million in cash to firms that lost money in Facebook Inc’s bungled initial public offering in May, modifying an earlier plan that drew intense criticism from market makers and other exchanges. …