Top section
Top section
Shares trade 8% above offer price as shipping company completes second listing
TX Group and SMG absorb almost 60% of block as insurer cuts holding to 11.8%
Investors back German engine manufacturer’s raise to 'balance the books' after €1.6bn acquisition gets go-ahead
More articles
More articles
More articles
-
Saudi Arabia real estate financing company Amlak has announced the first IPO on the Tadawul stock exchange since the onset of the global Covid-19 pandemic. -
The US Federal Reserve deployed another tool from its arsenal yesterday: the ability to purchase individual corporate bonds. There is a strong belief in the markets that the central bank is acting, at least in part, to support equity markets, so why doesn’t it do so openly?
-
Asset managers are set to face bigger demands for equity funding later in the year, despite having already thrown billions at the market as companies attempted to survive the coronavirus pandemic. A source close to BlackRock said it had already committed $18bn-equivalent in equity funding to European companies during the crisis but inflows from US investors will help it and its peers buy into the deals to come.
-
Kinnevik, the Swedish investment company, sold a 4.4% stake in German e-commerce company Zalando on Monday night with investors pouring into the trade after the US Federal Reserve boosted secondary markets.
-
Belgian materials technology and recycling company Umicore has tapped into growing investor demand for issuers with strong ESG credentials by placing a debut €500m convertible bonds to fund its development and diversify its funding structure.
-
The board of India’s Shriram Transport Finance has approved a plan to raise up to Rp40bn ($525.5m) in fresh equity.
Sub-sections
shared comment list
