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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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Siemens, the German machinery group, on Thursday broke its long silence on the timing of the IPO of its high margin healthcare technology business, which makes around 40% of its profits.
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German publishing company Axel Springer’s shares jumped 4.3% on Wednesday this week after it announced a plan with United Internet to merge their affiliate marketing divisions and float the combined entity.
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HNA Commercial Reit is on the lookout for arrangers for its Singapore IPO, after Bank of America Merrill Lynch walked away from the deal. But the real estate investment trust’s search will not be easy. Bulge bracket firms are under scrutiny for any ties to parent HNA Group, which is feeling the heat from Chinese regulators. Jonathan Breen reports.
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A pair of Indian IPOs that launched earlier this week showed investor appetite for new share sales is far from waning.
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Singapore-based Novena Global Lifecare Group is teeing up a $150m IPO in Taiwan as it looks for capital to fund expansion in north Asia.
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On Wednesday, the UK’s Institute of Directors, the organisation that represents company directors and business leaders, became the latest lobby group to voice its concern at the Financial Conduct Authority’s proposal to create a new premium listing category for sovereign-owned companies.