| | Pirelli deflates peak IPO valuation by 19 percent: document | | MILAN (Reuters) - Italian tiremaker Pirelli has lowered the maximum valuation it can achieve in its initial public offering by 19 percent to 6.7 billion euros ($7.9 billion), a notice to investors reviewed by Reuters showed on Wednesday. | | | | | Britain's Carillion lifted by Middle East bid report | | (Reuters) - Takeover speculation drove Carillion shares almost 20 percent higher on Wednesday after a London newspaper reported that a Middle Eastern firm was preparing a bid for the struggling construction and support services company. | | | | | | | | | Related Video | | | | | | | | | Related News | | | | | | | | | | | Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today | | | | | | Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today | | | | » » MORE NEWSLETTERS | | |