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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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L&T Technology Services has named Bank of America Merrill Lynch, JM Financial, Kotak Mahindra Capital and SBI Capital Markets as the lead banks on its planned IPO in India. -
Investigators raided the offices of Lotte Group early Friday morning, one week after they did the same to its subsidiary Hotel Lotte Co, which is in the midst of trying to launch an IPO.
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Nippon Steel & Sumitomo Metal Corp pared down some of its stake in Korean steelmaker Posco via an overnight offering on Wednesday, netting W164.17bn ($139.68m) from the hedge fund-heavy trade.
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Chinese environmental solutions provider China Everbright International is planning to spin off and list its subsidiary China Everbright Greentech (CEG) on the Hong Kong Stock Exchange, according to a filing with the bourse on Thursday.
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Malaysia Building Society has fixed the pricing on its MR2bn ($496m) two-call rights issue at MR1 a share, the company said.
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Dong Energy’s IPO, the biggest in Europe so far this year, achieved a strong result, both in its bookbuild, which raised Dkr17.1bn ($2.6bn), and on its first day of trading on Thursday, when the shares jumped 10%.
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