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    Philadelphia Energy Solutions, a joint venture part owned by Carlyle Group LP (CG), filed with U.S. regulators for an initial public offering. The company, which operates the largest refinery on the U.S. East Coast, said BofA Merrill Lynch and Credit Suisse were underwriting the IPO. The filing had a nominal fundraising target of $100 million.

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    Offer any investor a 30% return in less than a year and they'd either bite your hand off or assume you were mad. But that is what is on the table for those who bought into Brit Insurance's initial public offering last March with the agreed GBP1.2 billion takeover by Fairfax Financial of Canada. Better yet, it seems to make sense for everyone involved.

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    Shake Shack Inc. (SHAK) said Tuesday it is partnering with Sazaby League Ltd. to bring its burgers to Tokyo, with the first outlet in the Japanese capital expected to open in 2016. Sazaby League is the company that brought Starbucks to Japan, the burger chain said in a statement. Shake Shack (SHAK) and Sazaby League are planning to open 10 Shacks in Japan through 2020. Shake Shack (SHAK) shares were not yet active in premarket trade, but closed Friday at $40.99, or 95% above their initial public offering...

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    Ecommerce investor Rocket Internet, which held its initial public offering just four months ago, completed a quick-turnaround capital increase on Friday to fund a global investment spree, raising around 588.5 million euros. The Berlin-based company said it placed 12.01 million shares at 49 euros each in order to allow it to pursue its strategic goals.

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    Shares of Inovalon Holdings Inc, a healthcare data analytics firm, jumped as much as 25 percent in their market debut, after the company priced its shares above its expected price range. Shortly after it started trading on the Nasdaq, the stock touched a high of $33.75, valuing Inovalon at about $4.88 billion.

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    Class A shares of Inovalon Holdings Inc, a healthcare data analytics firm, rose as much as 23.9 percent in their market debut, valuing the company at about $4.83 billion. The stock touched a high of $33.45 shortly after trading started on the Nasdaq on Thursday.

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    Jorge Hereda, the outgoing chief executive officer of Brazilian state-controlled lender Caixa Economica Federal, said on Thursday he is against a government plan to eventually list the bank. President Dilma Rousseff said in December she was considering an initial public offering of Caixa within the next 18 months.

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    TransUnion Corp, one of the largest credit bureaus in the US, has revived plans for an IPO that could raise up to US$1bn this year, sources told IFR on Tuesday. Advent International and GS Capital Partners, which bought the company three years ago, are preparing to mandate banks on a fresh attempt to go public, multiple market sources confirmed.

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    Privately held Canadian specialty tea retailer David's Tea, whose investors include Lululemon Athletica Inc founder Chip Wilson, has selected banks for a potential initial public offering, according to two people familiar with the matter.

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    PGI Specialty Materials Inc. has filed for an initial public offering, as the maker of nonwoven specialty materials, which is owned by Blackstone Group (BX), looks to raise $100 million. PGI plans to use a portion of the proceeds to pay down debt and to pay a one-term fee to end an advisory agreement with Blackstone Management Partners. PGI's materials are used in personal care, infection prevention and high-performance applications, such as disposable diapers, fabric softening dryer...

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    Ghosts of the late 1990s are back, and it's not just Cory and Topanga from "Boy Meets World." In a move reminiscent of the dotcom bubble, more and more companies are going public before they make a dime. "It's a warning sign for the IPO market," says Jay Ritter, a business professor at the University of Florida, who tracks IPO data.

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    Inovalon Holdings Inc, a data analytics service provider to healthcare sector, said the expected price range for its initial public offering was raised to $24-$26 per share from $21-$24. At the top-end of the expected range, the offering of 22.2 million Class A shares will raise $577.2 million.

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    PGI Specialty Materials Inc, owned by Blackstone Group LP (BX), filed with U.S. regulators for an initial public offering of common stock. BofA Merrill Lynch, Citigroup, Jefferies and Goldman Sachs & Co are among the underwriters for the IPO, the company said in a preliminary prospectus filed with the U.S. Securities and Exchange Commission on Tuesday.

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    MADRID-- Spanish airport operator Aena said Tuesday that it was pricing shares in its initial public offering at the top of the price range, making the deal the biggest listing in Europe in the past 12 months by amount raised. State-owned Aena said it is selling shares at 58 euros each, according to a regulatory filing. Aena, the world's largest airport operator by passenger number, already raised the price range once during the sales process, and in recent days has offered investors...

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    * Europe's largest IPO since 2011. * Attractively priced sale amid few investment alternatives. * Government, facing election this year, says sale a success. By Robert Hetz and Elisabeth O'Leary. Shares in Spanish airports group Aena were priced at the top end of expectations on Tuesday, propelled by strong demand from investors betting on the country's economic recovery.

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    Mexican low-cost airline Interjet could list on the country's stock exchange by the end of 2015, Chief Executive Officer Jose Luis Garza told Reuters on Monday. "I think it could be at the end of this year, beginning of next year...if things don't change," Garza said on the sidelines of an event in Mexico City.

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    * Says market has improved since shelved plan last year. * IPO could value IT business at up to $760 mln. By Teis Jensen. Danish drugmaker Novo Nordisk (NVO) aims to spin off its IT services operation NNIT within the next five weeks through an initial public offering that analysts say could value the business at up to 5 billion Danish crowns.