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Equity IPOs

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  • Chinese biotechnology firm Akesobio has resubmitted its IPO documents with the Hong Kong Stock Exchange, two months after the bourse rejected its original listing application.
  • French video games developer and accessories company Nacon is attempting to tap into growing investor interest in the games development sector, with an IPO on the Paris Bourse.
  • Anglo-South African bank Investec Group has launched the spin-off of its asset management division, Ninety One ,on the London Stock Exchange.
  • Hong Kong’s stock exchange has returned Chinese biotechnology firm Akeso’s listing application, a deal being sponsored by JP Morgan and Morgan Stanley.
  • BW Offshore, the Norwegian operator of floating oil storage vessels, has fixed a price range for the Nkr1.659bn ($187m) listing of its exploration and production unit BW Energy on the Oslo Børs.
  • The IPO of Calisen, the UK manufacturer of smart energy meters, was covered on its full size on the first day of marketing. Banks on the deal were pleased with the speed of the bookbuild and the quality of investors placing orders.