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 Indian government has approved capital increases by state-backed banks that will see the government's stakes diluted but will help the lenders meet their capital requirements under Basel III rules. The move is expected to bring in Rp1.61tr ($25.81bn) of new capital. -
India’s divestment plan is off to a good start, with the government offloading a 5% stake in Steel Authority of India (Sail) on December 5 to raise around Rp17.15bn ($277m) in a day-long trade that was well received by institutional and retail investors.
-
Korea Electric Power Corp (Kepco) has raised W211.2bn ($190m) by exiting LG U+, selling its remaining 4.4% stake in the telecommunications company via a block trade on December 8. The deal, widely expected by investors, comes four months after the South Korean conglomerate halved its holding through another transaction that drew a good response from the market.
-
Just three months after the Pakistan Privatisation Commission ditched the sale of its shares in Oil & Gas Development Corp, the government is now back in the ECM market with books opening on Wednesday morning for a Rp13.8bn ($135m) divestment from Allied Bank Limited (ABL).
-
Members of the founding families behind Indian company Infosys have raised a whopping Rp64.81bn ($1.05bn) by cashing in a chunk of their shares in the technology giant. Executed in the early hours of December 8, the deal was sold at a fixed price to investors because of some unusual challenges that had to be overcome.
-
Korea Electric Power Corp (Kepco) has raised W211.2bn ($190m) by exiting from LG U+, selling its remaining 4.4% stake in the telecommunications company via a block trade on Monday night. The deal, widely expected by investors, comes four months after the South Korean conglomerate halved its holding in LG U+ also via a transaction that drew a good response from the market.
