Top section
Top section
Management simplified as former DCM banker joins as co-CEO
Karim Malek from Kepler joins as an executive director
Largest of three IPOs in Turkey struggles to get covered, smaller ones multiple times oversubscribed
More articles
More articles
More articles
-
Equity capital markets came to life this week as several issuers across Europe announced strategic capital raising plans and block trades hit screens. -
Banca Carige, the struggling Italian lender, said this week that it was looking for €630m of new equity capital to carry out an ambitious plan to bring its non-performing exposure (NPE) ratio down to 6%-7% from 22%. The institution is also hoping to overhaul its funding sources, faced with replacing €5.5bn of financing from the Italian government and the European Central Bank.
-
UK IPO sellers should consider an entirely different listing process, to cope with more volatile markets and ensure a flotation has a higher chance of success, argues Richard Brown, corporate finance partner at US law firm Baker Botts in London.
-
Chemicals company China Risun Group has kicked off the deal roadshow for its Hong Kong IPO, eyeing proceeds of up to HK$1.9bn ($243.1m).
-
Futu Holdings, theparent of Hong Kong-based Futu Securities International, has hit the road with an up to $130.8m Nasdaq IPO. The firm has cut the size of its float amid shaky markets, but the deal is still being used as a yardstick by its larger competitor Tiger Brokers, which is snapping at Futu’s heels with its own US listing. Jonathan Breen reports.
-
The Shanghai Stock Exchange’s new board for technology listings is moving closer to launching. But although funds are already getting themselves ready for a wall of retail demand, bankers have a sense of déjà vu. Rebecca Feng reports.
Sub-sections
shared comment list
