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Placement 3.7 times subscribed, weeks after regulator halted unauthorised marketing of a purported public offer
Markus Meier and Thore Zimmermann promoted
IPO pipeline strong, but timetables slipping as markets await clarity on tax, growth and defence funding
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Virgin Atlantic is reportedly preparing an IPO on the London Stock Exchange, raising the prospect of a major airline flotation at a time when the industry is still facing severe headwinds due to the pandemic. -
Devyani International, India’s largest franchisee of Pizza Hut, KFC and Costa Coffee, has raised Rp18.38bn ($247.6m) from a listing of primary and secondary stock.
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Chinese electric vehicle maker Li Auto has raised HK$11.8bn ($1.52bn) from a secondary listing that received strong support from investors.
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Online music platform Cloud Village has delayed its IPO after a week of pre-marketing, according to a source familiar with the matter.
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Cement producer Nuvoco Vistas Corp is aiming to raise Rp50.9bn ($686.2m) from its listing of primary and secondary shares in India.
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China Telecom Corp has priced its Rmb47.11bn ($7.3bn) A-share listing, a deal that is smaller than expected but will still set a global record for 2021.
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