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Italian shipbuilder is expanding capacity on strong defence demand
Deal priced at 1% premium to Monday's close
Booming metal prices could bring more equity deals
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Indonesia’s Medco Energi Internasional is planning a rights issue to raise Rph4.66tr ($349.59m), in a deal that could increase its share base by almost half, according to a company filing.
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Jefferies has hired Vikas Khattar from HSBC as its head of capital markets for India and southeast Asia.
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Bayer could be preparing to issue one of the five biggest rights issues ever, and the largest by a non-bank company, as part of the financing for its $62bn bid for Monsanto, the US agricultural chemicals and bio-engineering business.
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The chief executive of Morgan Stanley Huaxin Securities Co, the US bank’s joint venture in China, has left the firm.
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Shares in Van Lanschot, the Dutch investment bank that is transforming itself into a pure wealth manager, have traded fairly stably as its ‘re-IPO’ has been announced and got under way this week.
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Indonesian telecommunications giant XL Axiata is preparing to net Rph6.73tr ($510.36m) from a rights issue, fixing the price of the offering at Rph3,150 a share.