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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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UK construction company Galliford Try has raised £164m through a rights issue to cover the costs related to the collapse of construction and facilities management firm Carillion in January, after the successful conclusion of its fully underwritten rights issue on Monday. -
Industrial and Commercial Bank of China’s Singapore branch aims to underwrite IPOs of Chinese companies in the city-state after receiving accreditation as an issue manager from the Singapore Exchange.
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Indonesian petrochemicals manufacturer Barito Pacific has set a price range for its rights offering to bag up to Rph18.5tr ($1.3bn).
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Nomura’s head of equity syndicate for Asia ex-Japan Ortwin Gierhake is no longer with the firm, sources close to the matter said.
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BioPharma Credit, a closed end investment fund that provides debt capital for the life sciences industry, raised $163.8m in a primary share placement on Thursday to fund further investment.
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China-based Daqo New Energy Corp, which makes silicon wafers for solar cells, has bagged $110m after pricing its follow-on of American Depository Shares (ADS) at the bottom of guidance.
