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Textile producer says offering will come no later than February
Transport technology company and real estate investment trust prepare to float as this year’s IPO activity already exceeds 2025
Both tranches price at the investor-friendly end as cloud company raises to fund expansion
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LexinFintech, a Chinese online consumer lender, has shrunk the size of a mooted Nasdaq IPO to $132m from its original target of around $500m, after regulatory changes in China put the sector in a negative light. -
Shares in Adnoc Distribution, the chain of petrol stations and shops in the United Arab Emirates that has floated on the Abu Dhabi Securities Exchange, traded up 6% on their first day today, boding well for future Gulf privatisations.
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One of the last big IPOs of 2017 reached a successful conclusion this week, crowning a solid year for issuance in the EMEA region.
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Syndicate Bank has become the latest in a string of Indian state-owned lenders to opt for a qualified institutional placement, looking to raise up to Rp12bn ($186.2m) in primary capital.
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Two shareholders in InterGlobe Aviation are looking to rake in Rp12.6bn ($196.2m) from a two day sell-down of their stock, opening the offer for sale on Wednesday morning.
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A group of senior managers at Dis-Chem Pharmacies, the South African pharmacy chain, have completed the first equity block trade in the stock since its R4.4bn ($304m) Johannesburg IPO in November 2016. The sale of a 3.7% stake was slightly increased.
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