Facebook is 2nd largest US IPO ever

May 18, 2012

Facebook's launch on to the Nasdaq on Friday will raise $16.4 billion dollars, making it the second largest initial public offering on US markets ever.

Here is a list of the top 10 IPOs in the United States, according to specialists Renaissance Capital. (Only the declared original share issue is counted, and not shares added later to meet excess demand.)

1 - Visa, the credit card issuer, raised $17.9 billion when it went public in March 2008.

2 - : $16.4 billion in May 2012

3 - General Motors, $16.0 billion, November 2010

4 - AT&T Wireless: $10.6 billion, April 2000

5 - Kraft Foods: $8.7 billion, May 2001

6 - UPS, the parcel delivery service: $5.5 billion, November 1999

7 - CIT, the bank for small and medium businesses: $4.6 billion, July 2002

8 - ConocoPhillips, energy: $4.4 billion, October 1998

9 - Blackstone Group, investments: $4.1 billion, June 2007

10 - Travelers Property Casualty, the now defunct insurer: $3.9 billion, March 2002

Explore further: Vivendi, Telefonica in talks over Brazil business (Update)

add to favorites email to friend print save as pdf

Related Stories

Facebook secures $8 bn ahead of public offer

Mar 08, 2012

Facebook has secured $8 billion ahead of the social network's eagerly-anticipated initial public offering (IPO), according to documents provided to US regulators.

Tale of the tape: Google versus Facebook

May 17, 2012

Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance ...

Long-awaited Facebook IPO looms in New Year

Jan 01, 2012

Facebook co-founder and chief executive Mark Zuckerberg has deflected talk of going public for years but it looks like it is finally going to happen in 2012.

Recommended for you

Chinese e-commerce rivals challenge Alibaba (Update)

6 hours ago

China's biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.

Nigeria launches national identity card scheme

20 hours ago

Nigeria's President Goodluck Jonathan on Thursday launched a national electronic identity card scheme, which backers said would boost access to financial and government services in Africa's most populous nation.

Vivendi, Telefonica in talks over Brazil business (Update)

Aug 28, 2014

French media conglomerate Vivendi said Thursday it would begin exclusive talks with Spanish telecoms company Telefonica for the sale of its Brazilian operator Global Village Telecom, or GVT, after the Spanish company raised ...

User comments : 0