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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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Metro Pacific Investments Corp (MPIC) launched a trade on Tuesday evening designed to reduce its direct stake in Manila Electric Co (Meralco) while boosting its indirect holdings.
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Reliance General Insurance Co (RGI) has added its name to the growing list of Indian insurers seeking an IPO, after its board approved the listing on Monday.
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Bombay Stock Exchange-backed Central Depository Services India (CDSL) is set to bring the country’s first IPO of a securities depository, with its Rp5.2bn ($81.4m) deal launching next week.
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Citic CLSA has hired a longtime southeast Asia ECM banker as head of Singapore corporate finance and capital markets, sources close to the move said.
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Sibanye Gold, one of the largest South African gold mining companies, has raised R13.5bn ($1bn) to refinance its acquisition of Stillwater in the US, after its rights issue was multiple times oversubscribed.
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Wockhardt and Lakshmi Vilas Bank are joining the equity raising bandwagon in India as they hunt for new capital.
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