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Both tranches price at the investor-friendly end as cloud company raises to fund expansion
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
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The City's various lobby groups should be pushing the UK government to pick one of the real, off-the-shelf options on offer from the EU for Brexit, rather than indulging its fantasies of a bespoke deal. -
HSBC has hired Nicolo Salsano, the former chief investment officer, Europe, for Anbang Group, as head of corporate and institutional banking for Germany, filling the gap left by Norbert Reis.
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Indian companies Bharat Hotels and Chalet Hotels are preparing to go public, having filed draft prospectuses with the securities regulator.
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Opera’s planned $115m Nasdaq IPO now has a cryptocurrency angle after Bitmain, a Chinese bitcoin miner, joined the deal as an anchor investor.
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Hong Kong’s efforts to establish its position as a regional hub for technology companies are bearing fruit as IPO filings pile up. But the real measure of success will come after the summer, when the listings face a market saturated with new economy issuers.
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Pinduoduo, one of China’s hottest internet start-ups, has filed for a $1bn IPO in the US, upping the ante in an e-commerce landscape dominated by Alibaba Group.
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