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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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Indonesia’s Surya Pertiwi kicked off bookbuilding for its potential Rph1.64tr ($119.1m) IPO on Monday, joining a handful of other companies also seeking a domestic float.
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Nomura’s head of equity syndicate for Asia ex-Japan Ortwin Gierhake is no longer with the firm, sources close to the matter said.
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Summit Power International has opened books for the first IPO of a Bangladeshi firm in Singapore, hoping to raise $260m.
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Tucker Highfield, Credit Suisse’s head of equity syndicate for Asia ex-Japan, has left the firm to join Bank of America Merrill Lynch, according to sources.
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Springer Nature, the German publisher of academic journals, has begun investor education for its IPO in Frankfurt.
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Three new retail listings this week marked the renaissance of Turkey's IPO market. But if trying to do three similar deals simultaneously wasn't hard enough work, they come just as the country's economic prospects and the part it plays in the Syrian conflict are of growing concern for investors, writes Sam Kerr.