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A South Korean state-backed insurer pared its stake in Woori Financial Group this week, selling a chunk of shares for W149.3bn ($133.2m), according to a source familiar with the matter. -
Investors put in a staggering $60bn of orders for an accelerated offering of Tencent Holdings’ stock on Wednesday, a deal that saw Dutch internet company Prosus taking home HK$114.17bn ($14.67bn) from a record-breaking overnight share sale. Jonathan Breen reports.
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Dutch internet company Prosus is looking to pocket up to HK$114.17bn ($14.67bn) from an accelerated sale of shares in Tencent Holdings.
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FastBall Holdings, an investor consortium led by KKR, has offloaded a portion of the stake in Flutter Entertainment it received in December as part of the Irish gaming conglomerate’s buyout of FanDuel Group, the US fantasy sports company.
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Alychlo, the family investment company of Belgian billionaire Marc Coucke, has reduced its stake in Mithra Pharmaceuticals through a €40m accelerated bookbuild on Wednesday evening.
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An undisclosed seller has offloaded a Sfr90.7m stake in Galenica, the Swiss retail pharmacies company, through an accelerated bookbuild on Tuesday evening.
