Sealift's Oslo listing

LONDON (Bloomberg) Bermuda-based Sealift Ltd., a company that converts ageing crude-oil tankers into rig transporters, plans to sell shares to the public and list them on the Oslo stock exchange.

The share sale and listing will take place before the end of September, Sealift said in a statement distributed by Hugin on Friday.

Genpact plans IPO this week

Bermuda-based Genpact, which provides offshore business services to General Electric Co. and other companies, hopes to raise up to $630 million from an initial public offering this week.

Genpact aims to sell 35.3 million shares, priced $16 to $18, managed by Morgan Stanley, Citigroup, and J.P. Morgan Securities.

The company said it will use net proceeds to repay outstanding debt and for working capital and general corporate purposes, including potential acquisitions.

Genpact was founded in 1997 as the India-based business process services operation for GE's financial services business. The company became independent at the beginning of 2005. On March 29, the company formed Genpact Ltd. in Bermuda to be the new holding company for the business.

Griffin completes $153m share sale

LONDON (Bloomberg) Griffin Mining Ltd., a Bermuda-based mining company, completed the sale of £75 million ($153 million) of shares to Citadel Equity Fund Ltd.

Griffin sold 68 million shares at £1.10 each, the company said in a statement distributed by the Regulatory News Service on Friay.

Shares of Griffin Mining closed at 114.75 pence in London yesterday, giving the company a market value of £222 million.