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Kakao chairman trims stake after charity pledge
The chairman of South Korea’s Kakao Corp has kicked off his official pledge to donate more than half of his wealth to society by raising about W500bn ($448m) from a stake sale in the messaging app on Thursday.
16 Apr 2021 -
India seeks banks for fertiliser divestments
The Indian government is looking for banks to help offload its stakes in Rashtriya Chemicals & Fertilizers and rival National Fertilizers, sending out two requests for proposals for the divestments.
16 Apr 2021 -
KDIC takes W149bn from Woori Financial block
A South Korean state-backed insurer pared its stake in Woori Financial Group this week, selling a chunk of shares for W149.3bn ($133.2m), according to a source familiar with the matter.
09 Apr 2021 -
Rare jumbo Tencent block leaves investors wanting more
Investors put in a staggering $60bn of orders for an accelerated offering of Tencent Holdings’ stock on Wednesday, a deal that saw Dutch internet company Prosus taking home HK$114.17bn ($14.67bn) from a record-breaking overnight share sale. Jonathan Breen reports.
08 Apr 2021 -
Prosus offloads $14.7bn Tencent block
Dutch internet company Prosus is looking to pocket up to HK$114.17bn ($14.67bn) from an accelerated sale of shares in Tencent Holdings.
07 Apr 2021 -
Carlyle nets $540m from upsized SBI Cards share sale
US private equity firm Carlyle has raised Rp39bn ($540m) after offloading a block of shares in SBI Cards and Payment Services, according to a source close to the deal.
17 Mar 2021 -
Stark block trade fetches Bt3.77bn
The controlling shareholder of Thailand’s Stark Corp has sold a chunk of his shares in the company, raising Bt3.77bn ($122.4m) after pricing the deal towards the top of price guidance.
17 Mar 2021 -
S-Enjoy bumps up share sale on strong investor turnout
Property manager S-Enjoy Service Group has raised HK$1.04bn ($133.9m) from a sale of primary stock, boosting the size of the deal after strong demand swiftly covered the book.
16 Mar 2021 -
European ECM suffers as US sell-off continues
European equity capital markets continued to reel from volatility across the Atlantic on Friday. A sell-off in tech stocks is making the block trade market difficult and a popular IPO suffered on its first day of trading.
05 Mar 2021 -
SK Biopharma dives after block
SK Holdings pocketed W1.12tr ($1bn) from a block trade of SK Biopharmaceuticals, but the deal hit the South Korean drug company’s share price hard, sending it tumbling more than 17%.
24 Feb 2021
