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Steel processor allocates fifth of $94.68m initial offering to foreign institutional investors
Placement 3.7 times subscribed, weeks after regulator halted unauthorised marketing of a purported public offer
Markus Meier and Thore Zimmermann promoted
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Christopher Wickli, a director in Citi’s ECM team has left the bank after almost 14 years. -
PowerGrid Infrastructure Investment Trust has wrapped up its Rp77.3bn ($1.05bn) IPO, giving a boost to the still nascent asset class in India.
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Hong Kong-based Summit Healthcare Acquisition Corp has set the ball rolling for a Nasdaq IPO of about $200m.
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JD Logistics has begun pre-deal investor education for its multi-billion-dollar Hong Kong listing, having won approval from the city’s bourse last Friday.
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Fuyao Glass Industry Group, an automobile glass maker, has raised HK$4.33bn ($558.5m) after selling a chunk of new shares at the top of the marketed price range.
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China’s Waterdrop, a health insurance and healthcare crowdfunding platform, has opened the book for an up to $360m New York Stock Exchange IPO.
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