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Never mind that your desk had a great year, writes Craig. When it comes to getting paid, the future makes a stronger argument than the past
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
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China Everbright Water has mooted a dual-listing of its shares on the Main Board of the Hong Kong Stock Exchange, in a deal bankers say could raise $200m.
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Shares in RBS rose 3.5% on Friday morning after the UK bank unveiled its first dividend since it was rescued during the financial crisis, paving the way for more share sales by the UK government once the lockup from the last trade comes off in September.
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Swiss Re is considering a sale of its closed book life business ReAssure, possibly in 2019, in order to raise capital to buy more polices, a deal which could be worth over £875m.
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Shangde Qizhi Education Group has set the ball rolling for a Hong Kong IPO, having filed a draft prospectus with the city’s bourse on Thursday.
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BeiGene priced its IPO in Hong Kong near the top end of guidance on Thursday, raising HK$7.1bn ($903m) from the city’s second biotechnology flotation.
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The reformed EU Emissions Trading System has produced a sharp rise in the carbon price since November — which ought to spur industry to cut CO2 emissions faster. Yet because of the complex way European energy policy works, the pace of reductions is likely to slow, according to Moody’s.
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