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Company will use proceeds alongside debt to finance the acquisition of 6 newly ordered ships
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
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Investors looking forward to the prospect of a jumbo Nordic banking IPO were disappointed on Tuesday when Nykredit, the biggest mortgage lender in Denmark, announced that it plans to cancel its IPO on Nasdaq Copenhagen in favour of a private sale to five Danish pension funds.
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Aviva Investors, the UK asset manager, is creating a new real estate investment trust (Reit) focused on long-lease commercial property.
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Qingdao Haier Co has raised HK$8bn ($1.03bn) through an exchangeable bond, leveraging on its brand recognition to tighten pricing, according to a source close to the deal.
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India’s ICICI Bank said on Tuesday it will move ahead with a plan to list ICICI Securities, its investment banking and brokerage arm, in a possible Rp30bn ($461m) IPO.
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Inflatable pool manufacturer Bestway Global Holding is on track to raise up to HK$1.5bn ($196.6m) from its IPO, drawing in a mix of international and Chinese investors to cover its deal multiple times over, according to a source close to the deal.
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HDFC Standard Life Insurance Co got off to a flying start with its Rp86.9bn ($1.3bn) IPO in India, as books opened on Tuesday following a hugely successful anchor investor process.
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