GEO Interactive Media Group Ltd compled its placing of shares at 100 pence a time, valuing the Israeli developer of Internet application software at 100m British pounds; dealings are expected to begin on the London Stock Exchange’s Alternative Investment Market on Friday. GEO said it would invest the net proceeds of 10.9m pounds from the float in marketing, product development and in opening a marketing office in California. Price Waterhouse Corporate Finance is the advisor to GEO; the broker is Panmure Gordon.
Micron Electronics Inc, Nampa, Idaho personal computer manufacturing affiliate of Micron Technology Corp filed a shelf registration for common share and debt securities up to a $325m maximum.
