Top Section/Ad
Top Section/Ad
Most recent
Qualifying shareholders take up 68% as remainder stays with conditional placees
Underwriting left unused after deal is 33% oversubscribed
Shareholder-backed recapitalisation will help reduce debt and prepare assets for sale or listing
Placing and open offer follows recent acquisition of US annuity provider
More articles/Ad
More articles/Ad
More articles
-
Rights of Informa, the UK business and academic publishing and events company, began trading separately from its shares this week. Both have traded down, but the ratio between the prices remains satisfactory. -
Air Liquide's €3.28bn rights issue, the biggest in the world last year, was a blowout success.
-
Shares in Brammer, the UK distributor of industrial maintenance, repair and overhaul products and services, fell as much as 51% on Friday morning after the company delivered a profit warning, cut its dividend and announced plans for a £100m rights issue underwritten by Investec.
-
After a challenging first half, equity capital markets bankers in Asia can breathe a little easier knowing that momentum from the third quarter will carry on into a busy end to the year. But with macro headwinds such as the US elections looming over markets, issuers will have to remain on their toes, writes John Loh.
-
For the nine months through September, Morgan Stanley topped the Asia ex-Japan ex-onshore China ECM bookrunning league table with $9.41bn in deals, according to Dealogic. It was also the only bank with double-digit market share.
-
Bank of America Merrill Lynch’s head of southeast Asia equity capital markets has left the firm, amid a wider reshuffle of its Asian investment banking business that resulted in a number of departures.
