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Former investment banker has been CFO of Verbund
Investment banking is a competitive business, especially when it’s your bosses that are vying for your attention
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Property developer C&D International Investment Group has raised HK$942.5m ($121.5m) from a top-up placement to expand its land reserves.
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The market for European secondary block trades is prospering, with large — and often complex — transactions being easily absorbed by investors in overnight trades. The strength of the business is in sharp contrast to the stuttering IPO market, where deals continue to be postponed or downsized in the face of weak investor demand for new listings.
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French engineering company Vallourec has launched its €300m rights issue, a crucial part of its restructuring, which will help return its balance sheet to a sustainable footing, but leave Apollo and Strategic Value Partners, creditors of the firm, as the largest shareholders.
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Corporate broking relationships are undergoing their biggest shake-up in a decade as companies reassess banking relationships following the Covid-19 pandemic.
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Russian gold miner Nord Gold said on Thursday that it wants to launch an IPO on the London Stock Exchange, following a rally in the price of gold since March.
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After a year-long frenzy, the primary market for US convertible bonds has cooled, following a rotation out of technology stocks and jitters over rising yields on government bonds. An injection of realism is no bad thing, however, and should be welcomed in a market that has almost doubled in size within the space of a year.
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