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Listing timelines are slipping towards next year as economic uncertainty is making investors wary
Pierre Gay is retiring after seven years in the post
Proceeds enable fund to buy 14-property portfolio as units fully placed in best efforts process
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Landing International Development has wrapped up a HK$5bn ($643m) rights issue, but a low turnout from shareholders meant one of the underwriters had to step in. -
IRB InvIT Fund is set to launch India’s first infrastructure investment trust next week, testing the market’s appetite for yield assets with a Rp46.5bn ($727.4m) IPO.
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Law firm Clifford Chance has appointed five new partners in Asia Pacific, including one capital markets specialist, according to a Tuesday press release.
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Stocks across Europe enjoyed a relief rally following the victory of Emmanuel Macron in the first round of the French presidential election on Sunday, causing the blocks market to burst back into life after muted activity in the week before the vote.
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On Monday evening, Stichting Fonds NutsOhra, a Dutch charitable fund, hired JP Morgan to sell a newly created 2.5% stake in NN Group, the Dutch insurer and asset manager, through an accelerated bookbuild that was covered after 25 minutes.
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Tullow Oil, the Anglo-Irish oil and gas drilling company, finished its £625m rights issue with a small rump placement on Tuesday morning.
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