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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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Studio City International Holdings launched its $359.4m New York Stock Exchange listing on Wednesday, in a deal heavily anchored by its controlling shareholders. -
China’s Niu Technologies has launched bookbuilding for its $103.8m Nasdaq IPO, but despite plenty of pre-deal interest, sources don't expect the trade to be a blowout.
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A new Spanish real estate fund, Arima Real Estate, is seeking to list on the Spanish stock exchange in a fixed price listing worth up to €300m.
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Despite huge demand for shares in the IPO of Knorr-Bremse, its sellers have chosen to be conservative in setting the revised range in the listing, in the hopes of bolstering a positive first day of trading in uncertain markets.
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MUFG has put in place a new management structure, which sees a number of its businesses run globally but from outside Japan. The bank has also crowned several regional and deputy regional heads.
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Shares in Westwing Group, the German home and living e-commerce platform, fell as much as 11.4% in trading on Tuesday morning after the company priced its €114m IPO at the mid-point of its range.
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