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Deals keep on coming despite no let-up in volatility
Monday evening sale is latest block trade
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
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One of the shareholders in EQT, the Swedish private equity firm, has provided a rare liquidity event in the stock, which has rocketed more than 326% since its flotation in September 2019.
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Bain Capital has trimmed its stake in TI Fluid Systems, the UK maker of automobile fluid delivery systems that floated on the London Stock Exchange in 2017.
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The chairman of South Korea’s Kakao Corp has kicked off his official pledge to donate more than half of his wealth to society by raising about W500bn ($448m) from a stake sale in the messaging app on Thursday.
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The Indian government is looking for banks to help offload its stakes in Rashtriya Chemicals & Fertilizers and rival National Fertilizers, sending out two requests for proposals for the divestments.
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Renewable energy has been one of the hottest sectors in Europe’s equity capital markets in recent times but investors are no longer just buying companies for their verdant hue. Issuers must now prove they have the financial strength to back their environmental credentials.
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Air France-KLM has set the offer price for its €1bn capital increase following an accelerated bookbuild on Monday night.