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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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Cairn Homes, the Irish housebuilder that floated in London for €440m last June, completed its second post-IPO capital raising this week, raising €175m to buy further land for development.
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Two equity block trades or rapid sales were completed successfully in Europe on Monday night.
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A key area of derivatives focus in the planned merger between data firms Markit and IHS will be opening up Markit's credit default swap analysis to IHS corporate clients, according to sources with knowledge of the matter.
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Standard & Poor’s astonished the equity-linked bond market on Wednesday evening by stripping the equity credit from Vodafone’s £2.9bn mandatory convertibles, issued in February, only a month after assigning the credit. The change knocks away one advantage of the deal for Vodafone and may damage banks’ hopes of replicating it.
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Delta Lloyd, which last week won a shareholder vote to execute a rights issue despite public criticism of the deal from some of its investors, on Wednesday released details of the trade.
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German retail bank Postbank is expecting to regain its independence from Deutsche Bank by the middle of the year.
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