Initial Public Offering Paper: VISA
Introduction
An sign public offering takes place when a company issues leafy vegetable stock or shargons to the public for the first time. There are several reasons for companies to go public, for example, small and young companies that seek pileus to expand and large privately owned companies that insufficiency to find publicly traded. After a company lists its securities on a public exchange, the money collected from investors for the sale of the shares goes directly to the company.
erstwhile a company is listed, it is able to issue additional super C shares via a secondary offering. Usually, these kinds of public offerings are made by companies wishing to refinance, or raise capital for growth. This ability to readily raise large amounts of capital from the market is a learn reason many companies seek to go public.
visa Inc. is a global recompenses technology company headquartered in San Francisco, California. It facilitates electronic pecuniary resource transfers throughout the world. Visa does not issue cards, extend creed or set rates and fees for consumers; instead, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash-access programs to their customers.
Visa has operations across Asia-Pacific, North America, Central and South America, Caribbean, Central and east Europe, Africa and Middle East. Visas industry is Financial work which includes a broad range of organizations that deal with the management of money.
Visas initial public offering took place lead years ago on March 18, 2008. This paper ordain analyze the process followed by VISA in its initial offering in addition to the reasons and their current situation after passing game public.
Company History
Visas history begins in mid-September 1958 when cant of America launched its original BankAmericard credit card program in Fresno, California. Soon, the program experienced problems due to the higher percentage of...If you want to get a full essay, order it on our website: Ordercustompaper.com
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