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Deal multiple times oversubscribed as investors buy into electrification and AI story
Shareholders sell down holdings in AutoStore and Orsted, as shipping company opens books ahead of Athens parallel listing
Deeply discounted financing allows embattled iron ore miner to restart Ukrainian production and shares to resume trading
International investors take most of the book for the first time as Zabłocki's investment firm says it expects to make no further sales
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Shares in Senvion, the German maker of wind turbines, are down 5% since the company raised €62.5m via an accelerated bookbuild last week. But the disappointing aftermarket performance is idiosyncratic to the stock, according to a source close to the trade, rather than a symptom of deteriorating sentiment in the blocks market.
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Morgan Stanley’s Alex Abagian has been named as a co-head of Asia Pacific equity capital markets, according to people familiar with the matter.
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Deutsche Bank taps Ngan for ECM — Citi names first BRI head — Li emerges at Citic — Morgan Stanley promotes in SEA — Nomura hires for Korea DCM
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Senvion, the German maker of wind turbines, has raised €62.5m of fresh capital to fund its expansion in new markets such as India, where the Indian government has announced plans to build 30,000 mega watts of offshore wind capacity by 2030.
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Global investor confidence in UK equities has tumbled so far in August, according to the latest fund manager survey from Bank of America Merrill Lynch, marking the largest monthly drop in sentiment towards the UK since the Brexit referendum.
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An overnight sell-down in Malaysia’s RHB Bank raised MR609.9m ($148.9m) for its Middle Eastern shareholder on Tuesday. The deal finally went ahead after a period of election-related uncertainty.