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A handful of large new listings have emerged from South Africa, Kenya and Angola and more are set to follow
Submarine mast maker's IPO raised €132.8m
Vincorion is expected to continue defence IPOs later this week
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Avast, the Czech cyber security company, has set the terms of its London IPO, valuing it at £3.2bn at the top of the range.
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Springer Nature, the German academic publishing group, has opened the books on its €1.3bn Frankfurt IPO with a price range that gives a “healthy discount” to peers.
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Indonesian company Surya Pertiwi has raked in Rph1.25tr ($90m) after pricing its IPO at the bottom of the range, according to a banker close to the deal.
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The Singapore equity capital market was hit by some unpleasant news this week when a pair of IPOs were shelved in quick succession. The move drew mixed responses from bankers, with one saying it highlights the city’s dwindling appeal as a listings hub, and others promising a busy year ahead for equity raising. John Loh reports.
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Techcombank priced Vietnam’s largest ever IPO this week at the top of guidance, raising D21tr ($922m).
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The Hong Kong Stock Exchange will start taking IPO applications from April 30 under its new regime to encourage technology listings.