GC Asia
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Citic Capital blank cheque firm plans US IPO
Citic Capital Acquisition Corp, a special purpose acquisition company (Spac), has filed for a $200m IPO. It is targeting companies in the energy efficiency, clean technology and sustainability sectors.
24 Jan 2020 -
China’s Peijia Medical, Hepalink Pharma eye HK listings
Peijia Medical and Shenzhen Hepalink Pharmaceutical Group Co have set the ball rolling for Hong Kong IPOs, having filed draft prospectuses with the city’s stock exchange.
24 Jan 2020 -
PE seeks new exit as MiFID grinds public markets
Private equity firms are looking at different ways of monetising their investments, rather than the usual IPO routes, as regulation makes smaller firms less viable in the public markets. Alternative capital providers outside the usual buyout community are also boosting their allocations to private assets.
23 Jan 2020 -
IPO market loses green deal but banks hopeful of SRI issuance
Zero-E the company that holds the wind, solar and thermal assets of Actividades de Construcción y Servicios has found a private buyer for its Spanish renewables assets, making an IPO unlikely.
23 Jan 2020 -
Reverse mergers in focus as IPOs remain tricky
More companies are exploring the possibility of passing into public ownership through a process known as a "reverse merger" rather through an initial public offering, according to senior equity capital markets lawyers.
20 Jan 2020 -
Singapore’s Elite Commercial launches sterling Reit IPO
Elite Commercial Real Estate Investment Trust has opened books for an IPO that could raise up to £130.7m ($169.7m), according to a source familiar with the matter.
20 Jan 2020 -
Phoenix Tree goes below price range for $130m IPO
Chinese co-living platform Phoenix Tree priced its US listing below the initial marketed range and reduced the size of its IPO, raising $129.6m. Its stock had a volatile start to trading last Friday.
20 Jan 2020 -
Calisen presses ahead with first UK IPO of the year
Calisen Group, the KKR-backed operator of smart meters, has confirmed its intention to float on the London Stock Exchange, formally launching the first major UK IPO of the year.
17 Jan 2020 -
Central Retail preps record $2.4bn Thai IPO
Thailand’s Central Retail Corp is on track to launch the country’s largest IPO, with bookbuilding for the deal set to open on January 20, according to a source familiar with the matter.
17 Jan 2020 -
German ECM revival on the cards in 2020
German equity capital markets are off to a flying start this year, buoyed by a rally in the DAX and renewed interest in European equities among US investors. There is renewed optimism about deals to come, including several of this year’s largest European IPOs.
16 Jan 2020
