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Naturgy and Zurich fall in secondary market after jumbo blocks
Capital raise and investor selldown follow €3bn raise by Engie on Friday evening
UKPN purchase seen as positive by rating agencies, leads to senior and hybrid upgrades
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Fosun International has pocketed HK$2.45bn ($316.3m) after selling a chunk of Tsingtao Brewery's stock in a block trade, according to a source familiar with the matter.
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The Indian government is offloading an up-to 10% stake in Hindustan Aeronautics that could add about Rp33.5bn ($451m) to its coffers.
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German equity capital markets are set for a strong finish to the year as German companies use the momentum of the DAX to raise capital to finance growth or fund restructuring efforts during the pandemic.
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This month has been the busiest August ever for equity capital markets issuance in EMEA, as dealmaking has powered on through the traditional lull. Market sources expect a very busy September, too.
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A staggering amount of capital has been raised by the world’s airlines so far this year as the industry has suffered its worst crisis since 9/11 as a result of the Covid-19 pandemic.
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Kingdee International Software Group has raised HK$2.38bn ($306.5m) from an overnight placement of new stock.