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Shareholders sell down holdings in AutoStore and Orsted, as shipping company opens books ahead of Athens parallel listing
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
Anna Repetto joins from Barclays
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Echosens, the French subsidiary of Shenzhen-listed Inner Mongolia Furui Medical Science Co, is preparing a float on the main board of the Hong Kong Stock Exchange.
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Indian medical institute Medanta is in the midst of selecting banks to run a potential $300m IPO, according to a source with knowledge of the deal.
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Forterra, the UK maker of bricks and concrete blocks owned by Lone Star, began the bookbuild for its London IPO on Tuesday, hoping to raise up to £220m.
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A year can go by without an IPO in Prague, but this week has brought two. The day after GE Money Bank set out to float, Energetický a průmyslový holding (EPH), the Czech coal, gas and power company, began investor education for its plan to list EP Infrastructure, its energy transmission and distribution business.
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The bookbuild began on Tuesday for the Paris IPO of Mediawan, a special purpose acquisition company (Spac) set up by three big hitters of French business to buy media and entertainment businesses.
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Nomura plans to close most of its equity operations in Europe, shutting down origination, research, sales and equity derivatives, though it will keep a sales force focused on bringing Asian products to European clients.
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