Firmus Said to Plan Allocating Half of IPO to Early Backers
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.
<p>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.</p>