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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
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Goldman Sachs and BNP Paribas priced a deal for auto parts maker Parts Europe, formerly Autodis, on Thursday, funding the issuer’s November purchase of Oscaro.
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The US Treasury has lifted sanctions on Rusal and EN+, the aluminium and energy companies formerly controlled by Russian oligarch Oleg Deripaska, but the fear of further sanctions against Russian companies remains.
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CDC, a development financial institution, has hired a former regional head of global banking at Standard Chartered to mobilise investment in developing countries.
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A surprise deal to fund the US government for three weeks, announced last Friday, has given hope to IPO potentials that there will be progress for the large backlog of new listings waiting for the regulator to comment on their filings.
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Chinese firm Maoyan Entertainment has sealed its IPO at the bottom of guidance, raising HK$1.96bn ($249.8m) in Hong Kong after an extended roadshow.
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Kuke Music Holding, a classical music service provider, is seeking the green light from the Hong Kong Stock Exchange for its IPO.
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