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UK company acquires US firm OrthoLite for $770m
Offering price at 30.4% discount to Terp
Company predicts €1.6bn net loss in FY2024 due to write-downs
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Asia’s markets were on edge this week as Chinese equities fell into bear territory and the simmering trade war between the US and China deepened. The tensions felled two IPOs but have not brought fundraising activity to a complete stop, even as bankers remain unsure about what happens next. John Loh reports. -
India’s securities regulator has relaxed the disclosure norms for IPOs to encourage fundraising in the capital markets, according to a statement on Thursday.
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Bayer, the German pharmaceuticals giant, has completed its jumbo €6bn rights issue with 98.3% of shareholders taking up their rights.
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Mumbai-based property developer Oberoi Realty has raised Rp12bn ($176m) from a qualified institutional placement.
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Terms have been set on the £1bn rights issue of DS Smith, the UK packaging company, to fund its acquisition of Spanish rival Europac.
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Deutsche Bank’s head of equity capital markets in India has resigned, according to a source familiar with the matter.
