A Sfr420m trade in Sig Combibloc, the Swiss food and beverage packaging company, hit screens on Wednesday evening, the latest in a spree of block trades this week.
Equity capital markets bankers are continuing to benefit from strong momentum in the accelerated market with a £304m trade in Network International, the London-listed UAE payments company, on Wednesday night.
Investors who took part in an accelerated sale of shares in Trainline, the UK rail tickets booking website, on Monday evening booked a 2.7% gain on Tuesday morning, vindicating the decision by banks to waive a lock-up clause on private equity firm KKR, allowing it to trade out of the stock earlier.
Grupo Corporativo Landon, a vehicle for the Gallardo family, has sold €167m of shares in Almirall, the Spanish pharmaceuticals company, to increase the freefloat of the stock on the Spanish Stock Exchanges.
Equity capital markets investors are waiting eagerly for the price range for Saudi Aramco's IPO and are hoping the Saudi state has listened to the feedback they have given it so far.
Jacobs Holding, the Swiss investment firm, has trimmed its stake in chocolate maker Barry Callebaut, via an accelerated bookbuild and a simultaneous private placement.
Saudi Aramco released an initial IPO prospectus on Sunday and some, mainly in the mainstream financial press, were outraged that it contained no details on price or deal size.
The IPO of DNEG, the UK-based motion picture visual effects company, is being well received among investors, following the launch of book-building last week.
Tuesday might be a day to spare a thought for any investor long Netflix as Disney launches is streaming service, Disney +.
The IPO of Française des Jeux, the French gaming company that runs the national lottery, was covered on its full size of the deal within three hours of launch on Thursday, now banks are preparing for an international roadshow starting with London.
| Rank | Lead Manager | Amount $b | No of issues | Share % |
|---|---|---|---|---|
| 1 | Goldman Sachs | 56.88 | 321 | 9.73% |
| 2 | Morgan Stanley | 52.23 | 321 | 8.93% |
| 3 | JPMorgan | 45.78 | 366 | 7.83% |
| 4 | Citi | 36.30 | 292 | 6.21% |
| 5 | Bank of America Merrill Lynch | 35.36 | 246 | 6.05% |
Equity capital markets investors are waiting eagerly for the price range for Saudi Aramco's IPO and are hoping the Saudi state has listened to the feedback they have given it so far.
A Sfr420m trade in Sig Combibloc, the Swiss food and beverage packaging company, hit screens on Wednesday evening, the latest in a spree of block trades this week.
New York Stock Exchange-listed gaming company Sea is bookbuilding for a convertible bond worth at least $1bn.
UK housebuilder Bovis Homes is heading to the debt and equity markets to finance an agreed £1.075bn acquisition of part of compatriot Galliford Try’s business.
Alibaba Group Holdings got the greenlight from Hong Kong's stock exchange for a listing that could be worth as much as $15bn. The deal looks set to receive strong anchor demand from Chinese investors.
