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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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Keppel-KBS US Real Estate Investment Trust has started bookbuilding for its $448m IPO in Singapore, the city-state’s second Reit listing backed by US assets. -
Reliance Nippon Life Asset Management has launched a three day bookbuild for its up to Rp15.4bn ($236.3m) IPO, after securing a third of the offer with a group of anchor investors.
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Shares in Bawag, the Austrian banking group, closed below their offer price on Wednesday after the company priced its €1.68bn IPO at €48 a share, near the bottom of the initial €47 to €52 range.
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PP Presisi, subsidiary of Indonesian state-owned construction firm Pembangunan Perumahan, has kicked off bookbuilding for its potential Rph2.3tr ($172.3m) IPO.
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Hong Kong’s financial secretary has weighed in on the push for dual class shares in the city, saying it should be allowed if the right safeguards are in place.
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Mahindra Logistics has announced the price range for its IPO, which is expected to launch at the end of October.
