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Shipping company’s “amazingly well received” Greek offering draws €656m of demand
Africa’s largest IPO backed by Africa-focused Pan-African Refinery Investment after agreeing to $1bn underwriting programme
◆ The threat of US corporate issuance to European borrowers ◆ The new funding environment for Middle East banks ◆ Reviving UK equity capital markets
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German businesses Schaeffler and Covestro successfully completed their initial public offerings this week after having scaled back on their targeted deal sizes.
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Publicly listed medical businesses Al Noor and Mediclinic have entered merger talks.
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Bravida, the Swedish plumbing, heating and electricals group, this week launched the bookbuilding phase of its initial public offering in Stockholm.
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Schaeffler successfully priced its Frankfurt IPO on Thursday. But the final size of the deal left the owners of the German ball bearing maker with far more shares than they had originally hoped.
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Financial services firm Hargreaves Lansdown has received as many as 120,000 registrations of interest in the planned public sale of Lloyds Bank shares by the UK government.
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Société Générale is understood to have hired a managing director from Goldman Sachs to run its diversified industrials group.
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