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Bankers welcome third and fourth deal in two weeks
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
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The pity of the uncertainty and volatility caused either directly or indirectly by the upcoming referendum is that it comes at a time when, after a number of false dawns, the UK economic recovery appeared to be gathering some staying power, reports Philip Moore. -
India’s HealthCare Global Enterprises has raised Rp6.5bn ($97.5m) after pricing its IPO at the top end of guidance, with foreign investors snagging the largest chunk of the trade.
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Infibeam is set to be the first e-commerce company to list in India with a deal that could raise Rp4.5bn ($67.9m), but investors have given it a tepid response since books opened on Monday.
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China Zheshang Bank has net HK$13bn ($1.7bn) after wrapping up the world’s largest IPO so far in 2016, but had to price low to stay in line with investor interest.
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Derivatives exchanges are broadening their reach in China through futures and options and build the H-shares product suite.
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