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Top 25 shareholders and new investors participate in previously delayed offering, but some shares left over after subscriptions closed
Undisclosed institutional shareholder sells stake in Wednesday evening ABB
Qualifying shareholders take up 68% as remainder stays with conditional placees
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A private equity investor sold down its stake in South Korea’s Celltrion Healthcare on Tuesday evening to raise W401.3bn ($356.4m), with the shares so highly coveted that all orders had to be reined in aggressively. -
Kakao Games, the gaming arm of South Korean internet conglomerate Kakao Corp, has pushed back its IPO until 2019 following a change in its priorities.
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Thai energy drink manufacturer Osotspa is looking to raise up to Bt15.1bn ($464m) from its IPO, setting the initial terms for the deal on Wednesday.
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Dexin China Holdings, a Mainland property developer, has applied to list in Hong Kong through CCB International as sole sponsor.
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WuXi AppTec has filed for a possible $1.9bn dual listing in Hong Kong after making a splash with its Shanghai IPO in May.
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The City has prepared as best it can for a no-deal Brexit, but it's not just the immediate effects it needs to worry about — the UK government’s disdain for the industry its Brexit planning will diminish UK-based financial services for many years, and the government doesn't seem to care.
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