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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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The prospect of the UK voting to leave the European Union has become the foremost focus of fund managers and volatility traders, even as the latest poll on Brexit gave the ‘Remain’ campaign an 18 point lead over ‘Leave’ — prompting the pound to rally to its highest point against the dollar since May 3. -
Indian pharmaceutical firm Laurus Labs is planning a Rp10bn ($148.7m) IPO this year and has lined up three banks to lead it, according to a source close to the deal.
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A pair of private equity firms have raised a combined Rph3.02tr ($223m) from a share sale in Indonesia’s Matahari Department Store, after a burst of demand allowed the vendors to enlarge the size of the offering.
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The US investment banking market is the largest and most lucrative in the world, and the most tightly locked down in the hands of domestic firms. But vaulting up the league tables, of late, has been Mizuho — hoping to break down Japanese bank stereotypes in the process.
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Hotel Lotte Co is aiming to raise as much as W5.7tr ($4.8bn) from its South Korean IPO and is due to start pre-marketing on Friday.
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British motor oil and lubricant producer Castrol has raised Rp20.8bn ($309m) after selling a block of shares in its subsidiary Castrol India.
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