IPO News Archive
Gazit-Globe prices downsized US IPO
Gazit-Globe, an Israel-based multinational owner and operator of supermarket-anchored shopping centers, raised $81 million by offering 9 million shares at $9.00. The company had originally planned to sell 12 million shares. Gazit-Globe, which is already traded in Tel Aviv under the symbol GLOB, plans to list on the NYSE under the symbol GZT
. Citi and Deutsche Bank Securities acted as lead managers on the deal.