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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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Viomi Technology, a partner of Chinese smartphone-to-internet company Xiaomi, is looking to float on the Nasdaq for up to $150m. -
Chinese electric car maker Nio launched its US IPO, looking to pocket up to $1.3bn amid strong interest from investors for stocks in the sector.
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Union Bank of the Philippines has set the terms for its planned Ps10bn ($187.6m) rights offering, which is set to go live in early September.
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Shares in IG Design Group, the UK maker of stationery products and gift packaging, rose 5.7% on Tuesday after the company announced its takeover of Impact Innovations, a US-based supplier of gift wrapping, which it revealed early in the morning alongside a share sale to fund the transaction.
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The Investment Association, the trade body for 250 UK asset managers, is making a concerted effort to become more involved in responsible investment, seeking to influence government policy and help its members navigate this complex area.
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RusHydro, the Russian hydroelectricity firm, has filed for a Rb13bn capital raising in order to fund the construction of overhead power lines.
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