Digital United Holdings, Taiwan's largest provider of co-location and web hosting services, had been hoping to price its roughly $100 million offering on Thursday, but it has now pushed the deal back until the beginning of next week in order to complete more one-on-one presentations in the United States.
Led by Donaldson, Lufkin Jenrette DLJ with Salomon Smith Barney as joint-lead and UBS Warburg as co-manager, the deal comprises 10 million common shares 1.5 million greenshoe at an indicative price range of $9 to $11. Bankers say that although the deal has been delayed slightly, the range has not been adjusted.
Part of the reason for the delay stems...
