Welcome to Maxx Trading Guides
Initial Public Stock Offering Article
This is a selection made from among articles on Initial Public Stock Offering. For a permanent link to this article, or to bookmark it for future reading, click here.
Interesting Initial Public Offering of The Coca Cola Company and its Worldwide Affiliate Units
from: Maxx Trading Guides"The pause that refreshes."
"Always the Real Thing."
Still remember who frequently uses such slogans for their advertisement over the years?
Is there anybody in this world that doesn't know about Coca Cola?
Probably, even the settlers in the wild areas of the Safari and the rest of the African nation got a taste of this famous carbonated drink that now counts 120 years and is still counting. Even the Eskimos, "polar bears", and "penguins" are drinking ice-cold Coca Cola despite of the extreme cold conditions on the North Pole (that is, according to their television and billboard advertisements).
Coca Cola, or commonly know in different tongues as "Coke", is the most famous and popular carbonated drink around the world. The Coca Cola Company (the corporate organization behind the manufacturing and distribution of Coca Cola drinks around the world and has its main headquarters situated in Atlanta, Georgia) was founded by Asa Candler. His legacy was continued by his successors and eventually made Coca Cola drinks as a major carbonated drink in the United States and later around the world.
Through the years, The Coca Cola Company introduced varieties of their soft drink products under the Coca Cola brand name. There you have the low-calorie Diet Coke and the sweet and delicious Cherry Coke. It had gone different issues, such as the secret formula of Coke drink production (which allegedly contained trace amounts of cocaine, which was removed when health regulations were tightened in 1902), various negative effects of Coca Cola drinks to the body, and commercial rivalry with other carbonated drink manufacturer such as Pepsi.
Nevertheless, Coca Cola has gone through different issues yet they still stand and have proven to be one of the longest-running and well-established carbonated drink manufacturers and distributors not only in the United States but also around the world.
However, there's one thing that we've missed throughout the course of Coca Cola history, and that is, they've also undergone an initial public offering just like any other major and multinational companies around the world.
Initial public offering involves the first or initial sale of the corporation's common shares to the public in the hope of raising additional revenues for the corporation. If you apply this in the case of Coca Cola, the worldwide manufacturing and distribution of their carbonated drink products is the result of their IPO, which happened in 1919. A single share of Coca Cola is worth $40 dollars, yet the market value of their shares suddenly crashed to $19 per common share in 1920 (when they under went a secondary market offering).
Despite such crashes in the market value of their common shares, Coca Cola managed to survive and extend operations to different regions around the world, particularly within the Asian and European regions. Different corporate entities later on affiliated with Coca Cola to further boost their revenue generation capabilities. However, just like their mother company, different Coca Cola affiliate companies have also undergone an IPO, one of which is the Coca Cola Icecek, the affiliate company of Coca Cola in Turkey.
Coca Cola Icecek, which had a 59% share of the local carbonated drinks market in Turkey in 1993 and has an average annual turnover of one billion lira ($740 million), had plans of going public. In fact, they've asked permission from the Capital Markets Board (the central regulatory agency for IPO) for an IPO worth 20, 16% of their total company shares. According to Tuncay Ozilhan, the chairman of the Turkish Coca Cola unit, they hoped for a "green light signal" from the Board at the end of May or start of June 2006 to launch their IPO, which was postponed several times already.
In 2004, Anadolu Efes, the owner of the 45.6 percent share of Coca Cola Icecek, had appointed Credit Suisse First Boston to revive the IPO, yet it was postponed twice.
Whatever happens to the IPO filed by its affiliate companies around the world, Coca Cola will always be the soft drink we want to stay in our refrigerators.
DashBoard FX - Real-time Forex buy/sell alerts with entry/exit points. Download Free Software Now.
ForexMentor.com
Initial Public Stock Offering News
Bank of America reduces holding in Chinese bank - International Herald Tribune
 BBC News | Bank of America reduces holding in Chinese bank International Herald Tribune, France - Bank of America took a profit of about $1.13 billion on the stake sale, based on Construction Bank's initial public offering price. ... Bank of America sells $2.8 billion China bank stake Bank Of America Raises Cash In China Bank of America reduces stake in China Construction Bank; CEO ... |
Cooley Bolsters Boston Business and Technology Practice With ... - MSNBC
Cooley Bolsters Boston Business and Technology Practice With ... MSNBC - Johnson's public offering experience includes initial public offerings, follow-on equity offerings and secondary offerings by principal stockholders, ... |
Investors Strain to Sell Start-Up Companies - New York Times
 Wall Street Journal Blogs | Investors Strain to Sell Start-Up Companies New York Times, United States - Stock market investors do not want to invest in initial public offerings, said Mark Heesen, president of the association. And “potential acquirers have just ... IPOs at standstill as economy stalls Global Economic Crisis Weighs Heavily on Venture-Backed Exits in 2008 Slowdown puts start-up funds in peril |
Corporate financings and mergers hit the economic wall in '08 - CBC.ca
 AFP | Corporate financings and mergers hit the economic wall in '08 CBC.ca, Canada - PricewaterhouseCoopers said the Toronto Stock Exchange threw a shutout in terms of initial public stock offerings for the last half of 2008. ... No IPOs in Canada in last six months Upstarts slow down in '08 Canadian IPO market worst in at least 10 years-PwC |
Hanoi Securities Centre May Sell Shares After Becoming Company - Bloomberg
 VietNamNet Bridge | Hanoi Securities Centre May Sell Shares After Becoming Company Bloomberg - 1 it received more bids than shares available in its initial public offering on the Hanoi bourse. HSBC Holdings Plc, the first foreign bank to incorporate ... Vietnam's Agribank brokerage raises $18.6 mln in IPO Agriseco mobilises over 316 billion from IPO |