IPO Eyed for SG Cowen
France's Societe Generale is planning an initial public offering for its broker-dealer unit SG Cowen, the New York-based firm that provides an array of investment services, including underwriting, equity research and merger advice.
Societe Generale expects to file a registration statement with the Securities and Exchange Commission in the first quarter and hopes to complete the IPO later in 2006. SG Cowen was formed in 1998 when the financial-services firm Societe Generale acquired Cowen & Co. The division has made a name for itself in recent years by offering investment-banking services in sectors such as health care, technology and telecommunications. The Wall Street Journal reported that the IPO would probably be valued at $300 million to $500 million.- Loading Comments...
- Loading Comments...
Recent Comments
Featured Photo Galleries
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,465.23 | 1,110.74 | 2,177.91 | 32.68 |
Oil *
78.60
|
|
UP
31.52
|
UP
5.09
|
UP
8.73
|
DOWN
0.49
|
10 Yr
3.27%
SPDR Gold
116.45
|
|
+0.30%
|
+0.46%
|
+0.40%
|
-1.48%
|
Data delayed 20 minutes |














