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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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Bangkok Bank has sold a chunk of its stock in Jasmine Broadband Internet Infrastructure Fund, raising Bt4.4bn ($140.7m) after boosting the size of the trade.
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Shares in Dechra Pharmaceuticals, the UK veterinary pharmaceuticals company, closed 8.7% higher on Thursday after the company raised £105m of new capital to partly finance its acquisitions of AST Farma and Le Vet in the Netherlands.
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Morgan Stanley was sole bookrunner on two overnight sell-downs in Asia this week. One transaction was for its Taiwanese private equity arm in shares of CTBC Financial Holdings.
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Hong Kong’s stock market is in the grip of another euphoria-driven rally, with the Hang Seng Index smashing record after record this week. As Chinese investors pile into equities, parallels are being drawn to 2015, when a similar China-led bubble ended in tears. But this time is different, say market watchers. John Loh reports.
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Bank of America Merrill Lynch’s Akram Zaman is returning to the US after a three year stint in Asia to head the equity syndicate desk in New York, according to sources.
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KKR launched an accelerated bookbuild on Wednesday to sell its remaining stake in Pets at Home, the UK retailer. The trade priced at 174p, a 5.9% discount.