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  • Visa Proves Crisis Won't Kill IPOs - March 19

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Visa Proves Crisis Won't Kill IPOs - March 19

The credit crisis wasn't enough to scare investors away from the IPO of the world's largest credit card processor, Visa. Also, K&M International Power has retained JPMorgan to explore the sale of the Termovalle power project in Colombia. Meanwhile, Citic Securities has dropped its plans for a $1bln deal with Bear Stearns, in which each bank was to buy a stake in the other to build an Asian-American partnership. Finally, Aluminum Corporation of China, is mulling over acquisitions to take advantage of a slump in global stock markets that has reduced the price of potential targets.

YouTube | March 21, 2008Watch more videos from YouTube

Tags:. .power. .project. .away. .markets. .march











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