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French biotech seeks to accelerate cancer vaccine program
Payment processor's shares dropped to new low on Thursday
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The £1bn rights issue of DS Smith, the last big ECM deal scheduled before the summer has been completed. The UK and European market is now preparing for what is expected to be a "very busy" September.
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UBS has hired two senior equity capital markets bankers formerly with JP Morgan for its Asia operations.
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The smooth execution of cable firm Prysmian's rights issue, which was priced last week, is a further indicator that good Italian companies will still be able to utilise equity capital market solutions, no matter how unstable the country’s political future might look.
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Enerchina Holdings’s HK$1.3bn ($165.7m) rights issue in Hong Kong failed to get enough support from investors.
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Future Plc, the UK magazine publisher, plans to raise £105m via a fully underwritten rights issue to fund its takeover of Purch, the US technology and science magazine publisher.
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Renhe Commercial Holdings’ HK$2.2bn ($274.3m) rights issue was slightly undersubscribed, forcing its major shareholder to pick up the slack.