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
-
Acromas Bid Co sold a £239m stake in UK insurance provider Saga on Tuesday evening, giving investors a rare chance to buy a chunk of shares in the company.
-
After a lull in UK IPO activity ahead of the general election, prospective issuers are making themselves known again. Companies seeking to float are taking advantage of the surprise outcome of last week’s vote, in which the Conservative Party won an outright victory, scotching fears of weeks of political uncertainty.
-
Property developer China Resources Land (CR Land) took advantage of the recent rate cut in China to tap the equity capital market for funding with a large HK$10.1bn ($1.3bn) block on May 12. Despite the encouraging result, it was not all smooth sailing for the issuer, which saw one bookrunner leave the syndicate and its bookbuilding delayed by a day.
-
Chinese real estate firm Yuzhou Properties had to navigate a tough market on May 12 when it came up against a much larger HK$10.1bn ($1.3bn) block trade from industry peer China Resources Land. But Yuzhou Properties was still able to get its HK$792m ($102.18m) deal done thanks to support from two anchor orders.
-
Dutch speciality chemicals firm IMCD and shareholder Bain Capital together netted €328m on May 12 through concurrent primary and secondary share offerings, priced without a discount.
-
The founder and chief executive of UK serviced offices group Regus found an opportune time to pare his holdings, raising £73.5m via an accelerated bookbuild on Monday night.