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Sfr4.9bn trade is largest European ECM deal since National Grid’s £7bn rights issue in 2024
Offer came as markets recovered and volatility fell
Latest block this week in volatile conditions
Naturgy and Zurich fall in secondary market after jumbo blocks
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  • Mapletree Commercial Trust raised the roof with its S$1.04bn ($766.01m) overnight block-plus-rights combo this week, in a deal that earned praise from bankers on and away from the transaction. The placement tranche now ranks as the largest by a Singapore real estate investment trust, and could pave the way for more Reit-related fundraisings. John Loh reports.
  • India’s cabinet has agreed to raise the foreign shareholding cap on the country’s stock exchanges from 5% to 15%, potentially giving long awaited IPOs a big push.
  • Mapletree Commercial Trust priced an overnight block-plus-rights combo on Tuesday to raise S$1.04bn ($766.01m), in a deal that earned praise from bankers on and away for its slick execution.
  • BC Partners sold a 7.8% stake in Com Hem, the Swedish cable TV operator and broadband provider, through an accelerated bookbuild led by Morgan Stanley on Monday night.
  • Mapletree Commercial Trust has opened books on a S$1.02bn ($751.3m) dual tranche equity fundraising that is being conducted via an overnight share sale and preferential offering.
  • India’s state-owned holding company has revised some of the terms in its plan to sell down the government’s stakes in 51 companies, grouping together share sales in Axis Bank, ITC and Larsen & Toubro.