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Book to open on Monday, close on Thursday in latest express IPO
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
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Indian textbook publisher S Chand and Co has sealed its Rp7.3bn ($113.7m) IPO 59.5 times subscribed after a burst of demand on the last day of bookbuilding. -
VolkerWessels, the Dutch construction company controlled by the Wessels family, has opened the books for its Amsterdam IPO, which could value the business at up to €2bn.
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Pirelli, the Italian tyre maker owned by China National Chemical Corp (ChemChina), is pressing ahead with its plan to relist earlier than expected, due to favourable market dynamics.
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State-owned Vietnam National Shipping Lines is preparing to launch an IPO by the end of 2017, according to an announcement on its website.
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China Everbright Greentech wrapped up its IPO on Thursday evening, pricing below the mid point of guidance to net HK$3.0bn ($385.6m), according to a source close to the deal.
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China Petroleum & Chemical Corp’s board of directors has given the go ahead to spin off and list subsidiary Sinopec Marketing Co, according to an announcement by the parent on Friday.
