Top Section/Ad
Top Section/Ad
Most recent
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
Naturgy and Zurich fall in secondary market after jumbo blocks
More articles/Ad
More articles/Ad
More articles
-
The buoyant trend in the equity block trade market continued on Thursday evening, as Deutsche Börse raised €200m to finance its acquisition of 360T Trading Networks with a tightly priced sale of treasury shares.
-
Ontario Teachers' Pension Plan is selling a Dkr2.5bn (€335m) block of shares in ISS, the Danish cleaning and facility services company, on Wednesday night, in the first accelerated bookbuild of European shares so far this week.
-
Cigarette maker Philip Morris flagged off pre-deal investor education for an up to Rph26.70tr ($1.92bn) follow-on transaction in its Indonesian subsidiary HM Sampoerna on September 2, with the process set to run for two weeks. -
The Indian government scored a big coup last week, selling a stake in Indian Oil Corp (IOC) on a day when markets globally were roiling in volatility. But the fact that it relied on the Life Insurance Corporation of India (LIC) to push the deal through is wrong, and casts a shadow on the country’s divestment programme.
-
Frankfurt-listed Snowbird, a Chinese down manufacturer, has cancelled plans to seek a secondary listing in Singapore, amid a wave of panic selling that has gripped stock markets this week.
-
It was a tense finish for the Indian government’s Rp93.96bn ($1.42bn) sell-down of its stake in Indian Oil Corp (IOC) with books only covered just before the transaction was due to close thanks to late bids from state-owned insurers.
