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Finance & Markets

Firmus Said to Plan Allocating Half of IPO to Existing Investors

Firmus Grid Ltd. plans to allocate about half of the shares in its initial public offering to existing shareholders, putting Nvidia Corp and Blackstone Group in a position to increase their stakes, according to people familiar with the matter.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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