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Proceeds enable fund to buy 14-property portfolio as units fully placed in best efforts process
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
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The IPO of Play Communications, Poland’s second largest mobile network operator, is covered at its base size, three working days into the bookbuild.
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Shares in Zur Rose, the Swiss online pharmacy, finished 14% above their offer price after their debut on the SIX Swiss Exhange on Thursday, after the Sfr224m IPO attracted bids from more than 275 investors.
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Shares in Waberer's International, the Hungarian haulage firm, closed 0.5% above their offer price when they began trading in Budapest on Thursday, after the company restructured its IPO during bookbuild due to weakened investor sentiment towards east European issuers.
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Lotte Chemical Titan sealed the largest Malaysian IPO in nearly five years this week, raising MR3.8bn ($884.0m). But the deal was anything but pretty. After a bungled first attempt at building a book, the issuer was forced to return with a smaller offering and lower price range. Jonathan Breen and John Loh report.
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Au Small Finance Bank’s IPO in India raised Rp19.1bn ($294.5m) for the selling shareholders after it was priced at the top of the range.
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Posco has launched a block sale of KB Financial Group's shares, and is looking to raise up to W443.5bn ($383.0m), according to a term sheet for the deal.
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