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◆ The threat of US corporate issuance to European borrowers ◆ The new funding environment for Middle East banks ◆ Reviving UK equity capital markets
Holdings down 16.4% from almost a quarter after institutional bookbuild and off-market buyback deal
Deal multiple times oversubscribed as investors buy into electrification and AI story
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If Monday was an ugly beginning to 2016 in the equity capital market, with a 7% fall in Chinese stocks dragging world indices down, Tuesday has been much cheerier, even bringing deals in Europe.
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Biotechnology Research And Information Network, a German biotech business, announced on Tuesday its intention to float in Frankfurt, making it Europe’s first new IPO candidate of the year.
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Acadia Healthcare, the US psychiatric and behavioural health care provider, has agreed to buy UK peer the Priory Group from Advent International for around £1.5bn.
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Manulife US Real Estate Investment Trust (Reit) is reviving its plans to list in Singapore after shelving an IPO in 2015, and is aiming to launch in the first half of this year, according to a source close to the deal.
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A W364.50bn ($309.64m) block has been launched in aircraft parts maker Korea Aerospace Industries, with vendor Hanwha Techwin Co looking to pare down its stake.
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India’s stock market regulator has published a consultation paper on real estate investment trusts (Reits) while Singapore’s financial regulatory authority has firmed up rules governing the asset class.
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