Billion dollar IPO follows record year

A communications company is making a second attempt at a $1.13bn (€863m) initial public offering in the wake of a record year for global initial public offerings.

MetroPCS Communications, which provides wireless telecoms services, has filed for an initial public offering with US regulators.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire