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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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Terex Corp, the US maker of lifting and material processing machinery, has sold a 9.5% stake in Konecranes, the Finnish crane manufacturer, after a lock-up agreement was waived.
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Hong Kong firm Sun Hing Printing Holdings is seeking approval to go public in the city, submitting a draft prospectus to the bourse on Tuesday. -
BNP Paribas and Crédit Agricole with Kepler Cheuvreux have tonight launched the first block trade of stock in Paris residential property builder Kaufman & Broad since its re-IPO last April.
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Electricité de France plans to bring its long-awaited rights issue to market in March, against the backdrop of a crucial presidential election campaign in France.
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Shares in Rusal, the largest aluminium producer in Russia, closed 3.9% lower in Hong Kong on Tuesday after Onexim, an investment vehicle controlled by Mikhail Prokhorov, the billionaire owner of the Brooklyn Nets, sold 3.3% of his stake in the company for HK$1.8bn ($240m), through an accelerated bookbuild launched on Monday night.
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EQT has completed the first selldown of stock in AcadeMedia, the Swedish schools group, since its IPO in June.
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