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Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
Anna Repetto joins from Barclays
Craig Coben discusses whether it is possible to pursue one’s dreams outside of investment banking while keeping one’s options open about making a return
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Index provider MSCI has surprised markets by once again delaying the inclusion of A-shares in its Emerging Markets index. While some progress has been made, China still has more work to do to tackle concerns around repatriation and restrictions on launching financial products linked to onshore exchanges, the firm said on June 14. -
Sysco Corp, the US food service group, completed the financing for its acquisition of UK peer Brakes Group on Tuesday with a €500m bond that was successfully sold in the teeth of market volatility.
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Castellum, the Swedish property company, has completed its Skr6.3bn ($758m) rights issue, to partly finance its Skr13.4bn purchase of Norrporten.
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Time Out Group, the UK magazine publisher owned by Oakley Capital, had a disappointing first day of trading on London’s Aim on Tuesday, closing down 7% from its IPO price of 150p a share.
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Taiwan’s Giga Solar Materials has launched a $100m convertible bond with an option to increase the size by up to $25m.
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Hyundai Mipo Dockyard Co is exiting from KCC Corp, launching a block deal on Tuesday evening worth up to W147bn ($126m).
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