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Company ‘made out like bandits’ as investors piled into deal and delta placement
Trade bodies speak out against push to drive equity trading on to lit markets
Shares trade 8% above offer price as shipping company completes second listing
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United Wagon Co, the Russian maker and lessor of railway cars, floated on the Moscow Exchange this week, in the first Russian IPO for over a year.
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Two initial public offerings were priced at the end of last week, and shot up in the early days of trading, and two more look set to achieve similarly strong results.
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Car wheel maker Uniwheels' stock will begin trading on the Warsaw Stock Exchange on May 8, after it successfully allocated its initial public offering on Wednesday. -
The US bank is chasing market share in Europe on all fronts, writes David Rothnie.
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The bookbuilding phase of Windeln.de’s initial public offering in Frankfurt will close at midday on May 5, a day early, owing to strong demand.
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China Oceanwide Holdings has raised HK$1.72bn ($221.93m) by selling new shares in an overnight block deal handled by Haitong International Securities.
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