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Equity investors swooped on a W1.32tr ($1.22bn) sell-down in Samsung Electronics on Wednesday. They took advantage of a share price slide just ahead of the launch of what was South Korea's largest accelerated bookbuild since 2011. Jonathan Breen reports.
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BC Partners has completed the first selldown of shares in Sabre Insurance, the UK specialist insurer, since its £287m flotation on the London Stock Exchange in December.
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A pair of Samsung Group insurers are looking to offload W1.33tr ($1.2bn) of shares in sister firm Samsung Electronics, poised to be South Korea’s largest overnight bookbuild since 2011.
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HSBC has wooed two bankers from rival bulge bracket firms to join its equity capital markets desk as it beefs up its equities franchise in Asia, said sources close to the moves.
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Singapore’s Mapletree Logistics Trust raised S$220m ($164m) from a primary offering after pricing the units at the best end of terms for the issuer.
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EQT has cleared out its stake in Terveystalo, the Finnish private healthcare company it floated on the Nasdaq Helsinki in October.