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BMW heiress Susanne Klatten exits turbine maker
Booming metal prices could bring more equity deals
International tension has propelled valuations in the sector up, tempting issuers
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After the UK Treasury sold £2.5bn of RBS stock this week, observers quickly pointed out that the sale represented a huge loss for taxpayers. Yet the gradual return of the bank to full private ownership is a win for the UK financial sector and for the economy as a whole. -
Morgan Stanley’s private equity arm has raised W210.5bn ($196.5m) from a block sale of Hyundai Rotem Co shares.
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Genscript Biotech Corp, a leading life sciences service provider and drug developer, has raised HK$2.39bn ($304m) after upsizing a follow-on offering, according to a source close to the deal.
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Jerome Leleu, co-head of equity capital markets for Asia Pacific at Morgan Stanley, has passed away at age 41.
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The UK government has resumed the reprivatisation of RBS, the British bank that was nationalised during the financial crisis, having launched a £2.6bn block trade.
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Morgan Stanley’s private equity arm is selling shares in South Korea’s Hyundai Rotem for the third time this year, aiming to raise W220bn ($200m) with the latest deal.
