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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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India Power Corp has launched a two day offer for sale of secondary shares that could be worth Rp13.5bn ($209.6m), according to stock exchange data.
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Deutsche Bank shares closed on Thursday April 6 at €15.68, well above the €11.65 subscription price in its €8bn rights issue, for which subscription closed that day.
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Shares in Tullow Oil, the Anglo-Irish oil and gas drilling company, closed 5.5% higher on Thursday on an adjusted basis, after they began trading ex-rights before its £607m rights issue.
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Equity arrangers in Asia are upbeat after volumes in the first quarter easily trumped last year’s deal flow. With conditions ripe for a strong rebound in 2017, the view across the street is that investor sentiment has turned a corner, as institutional interest trickles back into ECM after a long absence. John Loh reports.
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China Everbright Greentech (CEG) is drumming up interest for a $500m Hong Kong IPO, with investor meetings starting this week, said bankers on the deal.
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Ascott Residence Trust has wrapped up its rights issue 1.8x covered, raising S$442.7m ($313.7m) for the Singapore real estate investment trust.