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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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A block in HelloFresh, the German meal kit delivery company, sold quickly after market close on Wednesday night, with investors already enjoying a 9% rise in the stock price.
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Talos Capital reduced the size of its stake in Aena, the Spanish state-owned aiport operator, through a €696m accelerated bookbuild led by UBS and Citigroup on Tuesday.
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Prime Ventures has sold another €111m chunk of its stake in Takeaway.com, the Dutch online food ordering service, after the lock-up from its last block trade in March was waived several days early.
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Shanghai Fosun Pharmaceutical Group has been given the go-ahead to raise as much as HK$4.4bn ($564m) in new equity, amid reports the company is bidding for Novartis’s assets.
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A pair of Singapore Reits came to the equity market this week to raise funds for acquisitions, pocketing S$779.1m ($581.0m) between them.
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A sale of Burberry shares by Group Bruxelles Lambert caught investors by surprise on Tuesday and left Goldman Sachs believed to be holding stock or nursing a loss in the luxury fashion house after being unable to cover the deal in full.