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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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Indian IT company 3i Infotech is aiming to issue foreign currency convertible bonds to refinance a pair of outstanding equity-linked notes, according to a filing with the Bombay Stock Exchange (BSE).
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Shanghai-listed Guotai Junan Securities Co said its vice-president has left the firm for personal reasons.
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India’s Equitas Holdings has priced its Rp22.5bn ($338.8m) IPO at the top of guidance after investors flooded the deal on the last day of bookbuilding.
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AK Medical Holdings has applied to list in Hong Kong and is working with Goldman Sachs as the sole sponsor.
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Having left investment banking a while ago, I’m baffled by the increasingly arcane and complex rules that now plague the business — the Chinese Mainland being a particular case in point, writes Philippe Espinasse.
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Despite the sturm und drang that surrounded Delta Lloyd’s rights issue, with vocal opposition from Highfields Capital Management and other top shareholders, the Dutch insurance company’s deal was completed smoothly.
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