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Number of listings for the year doubles over eight weeks in summer as companies seek to access capital after Iran war disruption
Bank set to issue 106.4m shares at $4.48 per share
High-demand investors pick up slack created by institutional and retail investors
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Eurazeo, the private equity group, is selling a 4.56% stake in Elis Services, the French bed linen and laundry company, through a block trade of about €220m.
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Siemens, the German engineering group, sold nearly all its stake in Osram Licht, the Munich-based lighting company it span off in 2013, via an accelerated bookbuild led by Citigroup and Deutsche Bank on Wednesday night.
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Despite the momentum in Europe’s equity capital markets showing little sign of stalling, with a new wave of deals this week across a number of sectors, two of the year’s most high profile IPOs have traded down in the aftermarket.
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Malaysian sovereign wealth fund Khanazah Nasional offloaded a block of Malaysia Airports Holdings' shares on Tuesday night, raising MR476.2m ($112.7m).
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State-owned reinsurer General Insurance Corp of India has finalised the price range for its IPO, which will have a potential size of Rp113.7bn ($1.7bn).
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India's Apollo Tyres hit the market with a qualified institutional placement on Tuesday, aiming to add up to Rp15bn ($229.6m) to its coffers.
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