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United Bank of India announces preferential allotment of shares

10:25am EDT

United Bank of India:Has received 2,999,999,991 Indian Rupees from Life Insurance Corporation of India and completed the preferential allotment of 84,507,042 equity shares of 10 Indian Rupees each at a price of 35.50 Indian Rupees per share on date.

Zions Bancorporation prices $525 mln common stock offering

9:25am EDT

Zions Bancorporation:Prices public offering of $525 mln of common stock.Public offering price of each share of common stock is equal to $29.80. Net of commissions and fees.Proceeds to be about $514.0 mln.Intends to use the net proceeds of this offering for general corporate purposes.Expects to close the sale of shares of common stock on July 31.Grants underwriters a 30-day option to purchase up to an additional 15% of the amount of common stock offered.Deutsche Bank Securities and Goldman, Sachs & Co. are serving as joint book-running managers for the offering.

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Analyst Research

Report Title Price
Provider: Brown Brothers Harriman & Co.
$12.00
Provider: Brown Brothers Harriman & Co.
$12.00
Provider: Brown Brothers Harriman & Co.
$35.00
Provider: Brown Brothers Harriman & Co.
$35.00
Provider: Valuation & Research Specialists
$75.00

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