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Qatari dairy company’s rights issue struggles to get done
Food systems company’s largest shareholder raises €324m after shares rise on strong results and buyback
Listing timelines are slipping towards next year as economic uncertainty is making investors wary
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Malaysia’s Eco World International will finally open books on its MR2.5bn ($561m) IPO next month after getting two domestic funds on board as cornerstone investors.
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India’s divestment department has issued three requests for proposals to banks as it looks to list its key railway ministry subsidiaries.
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Nomura has hired two bankers into its investment banking division, a new head of investment banking for Italy and a FIG coverage banker.
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Air Berlin, the unprofitable German airline, has successfully raised the money it needs to refinance its €140m 6% convertible bonds, puttable in March, despite bondholders shunning the exchange offer.
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Bharat Road Network filed a draft prospectus for its listing last Friday, offering 29.3m primary shares via leads Inga Capital, Investec and Srei Capital Markets.
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India’s market regulator has given the go ahead to IRB InvIT Fund’s IPO, making it the first infrastructure investment trust in the country to win approval to list. But IndiGrid and Reliance Infrastructure are hot on its heels.
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