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Qualifying shareholders take up 68% as remainder stays with conditional placees
Private equity company cashes in on remaining holding after earlier divestments
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Multifamily Housing Reit, the UK real estate investment trust focused on rented residential properties, has postponed its £175m IPO on the London Stock Exchange, due to a lack of demand.
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The market for equity block trades in Europe has reopened with style after a strong European market reaction to the results of the US mid-term elections.
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The market volatility of recent weeks has claimed another IPO victim, Belarusian retailer Eurotorg, which postponed its listing on Tuesday, the last day of bookbuilding.
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European markets rose on Wednesday morning, a day after the US mid-term elections in which the Democratic Party regained control of the US House of Representatives, curtailing the amount of power concentrated in the Republicans and with president Donald Trump. There are hopes it could lead to a final few deals before the year ends.
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State Bank of India has called on shareholders to wave through its plan for a Rp200bn ($2.75bn) equity fundraising, which would be the country's largest share sale.
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Wendy Liu has joined UBS’s research arm as managing director and head of China strategy, according to a memo seen by GlobalCapital Asia.
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