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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
Naturgy and Zurich fall in secondary market after jumbo blocks
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The Indian government has issued a request for proposals to divest 10% of its holding in manganese producer Moil, a sale which could add as much as Rp5.07bn ($80m) to the country’s coffers. -
Indian state-owned Allahabad Bank has received the go-ahead from its board on Monday to raise funds via a qualified institutional placement or other methods.
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The UK government will sell the next chunk of Lloyds Bank shares using an unusual dribble-out trading plan, in which shares will be sold piecemeal in the secondary market, rather than in a large block, as it has done twice before.
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The UK government will sell the next chunk of Lloyds Bank shares using an unusual ‘dribble-out’ trading plan, in which shares will be sold piecemeal in the secondary market, rather than in a large block, as it has done twice before.
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Huaneng Renewables Corp netted HK$1.75bn ($225.22m) via a placement of H-shares to 10 investors on December 16, with the deal going mostly to long only funds and fundamental investors.
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Permira today resumed its gradual exit from Hugo Boss, as it sold 4.9m shares in the company for a total of €500m, in what could be one of the last large accelerated bookbuilds in Europe this year.
