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Macrotech Developers, an Indian real estate company that was called Lodha Developers until mid-2019, has revived plans for a listing under its new name, three years after its last attempt at an IPO.
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The rush of Spac IPOs in Europe is continuing, with the launch of a new Frankfurt-listed cash shell backed by Klaus Hommels, focused on acquiring a company in the technology sector.
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The logistics unit of Chinese internet company JD.com is planning to list in Hong Kong through a multi-billion-dollar IPO.
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RailTel Corporation of India, a state-owned information and communication technology infrastructure provider, has received strong and early retail support for its upto Rp8.19bn ($112.4m) IPO.
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It is the year of the ox in China and for equity investors 2021 is the year of the bull. Stock buyers continue to be optimists despite the economic ravages of the Covid-19 pandemic and are convinced that the spread of vaccinations across the globe will soon kick-off a festival of consumer spending.
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JP Morgan has appointed a new team of senior investment bankers focused on special purpose acquisition companies in Europe, after over $100bn was raised over the past year by cash shells, mostly in the US.