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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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Credit Suisse has hired Jerome Renard from Nomura as a managing director in equity capital markets. Renard has broad experience, but taking into account his French nationality and experience in Iberia, he will principally cover those markets.
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China Development Bank Leasing Co has started testing investor appetite for its potential $1.2bn IPO, according to sources familiar with the matter. -
Hotel Lotte Co has axed plans for a listing that could have raised W5.3tr ($4.5bn) after a raid by investigators on the offices of its parent proved one setback too many for the issuer.
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Standard Chartered Bank has raised W109bn ($92.9m) after exiting from South Korea’s Innocean Worldwide, in a deal priced at the wide end of the discount range.
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Two domestic banks have thrown their hats in the ring to manage the Indian government’s planned sell downs in MMTC and State Trading Corp, which could raise a combined Rp7.7bn ($115.1m).
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Part science, part art, part mystery: our columnist takes a closer look at the process of allocating deals to investors.
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