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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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Global equity markets were slammed this week, with a rout on Wednesday wiping out all the gains this year in the US. Amid the turmoil, a handful of technology firms were awaiting approvals to list in Hong Kong — some are expected to take a cautious approach but most are gearing up for a last-minute dash to find a closing IPO window. Jonathan Breen reports.
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Stock in CEVA Logistics, the Swiss freight management company rose by more than 30% after shareholder CMA-CGM, the French shipping company, launched a full takeover bid of the company.
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Jefferies is enjoying unprecedented success in EMEA as it exploits dislocation among European rivals to snap up staff. But the US bank's hard-driving performance culture is not for everyone, writes David Rothnie.
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A long-touted equity link between London and Shanghai is set for take-off by the end of the year, but the most unsurprising news to emerge is HSBC’s plan to use it for a Mainland listing. China now has an excellent chance to get its act together on Chinese Depositary Receipts.
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Eurotorg, the largest supermarket chain in Belarus, has fixed a price range for its landmark IPO on the London Stock Exchange, which could value the company at almost $1bn.
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BioPharma Credit, the UK closed-end investment fund that provides debt capital to the life sciences industry, has increased the size of a primary share offering by $50m to $200m
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