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  • A unit of insurer Standard Life is looking to bag at least Rp25bn ($359.8m) by trimming its stake in HDFC Life Insurance Co.
  • Embassy Office Parks Real Estate Investment Trust (Reit) has global long-only investors on tenterhooks as it prepares to launch its smaller-than-expected Rp47.5bn ($683m) IPO, having filed the final terms for India’s first Reit listing.
  • Indonesian real estate developer Lippo Karawaci is on track to raise $730m from a rights issue as part of a $1.01bn funding programme that it hopes will strengthen its balance sheet, boost liquidity and enable investment in its existing projects.
  • DWF has become the first UK law firm to list on the main market London Stock Exchange, after the company priced its £95m IPO at 122p a share on Monday.
  • Medacta, the Swiss maker of artificial human joints, has begun a process to list on the SIX Swiss Exchange before Easter. If it succeeds, it would be the first major company to complete an IPO in Europe this year.
  • The prospect of a tie-up between Deutsche Bank and Commerzbank has put FIG bankers on red alert as they anticipate a ripple effect of bank consolidation across Europe.
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