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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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AC Energy Corp, a Philippine renewable power producer, has kicked off a follow-on offering of primary and secondary stock, eyeing up to Ps12.4bn ($256.4m). -
WuXi Biologics Holdings has raised HK$11.5bn ($1.49bn) after increasing a sale of shares in subsidiary WuXi Biologics (Cayman).
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HSBC has appointed Jean-Manuel Richier as co-head of global banking and head of investment banking in continental Europe after the previous holder of the position, Hubert Preschez, left for M&A boutique Messier and Associés.
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German open-source software company Suse has announced its intention to float on the Frankfurt Stock Exchange, joining the lengthy queue of European companies seeking to go public.
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Pegasus, a new special purpose acquisition company focused on European financial services, has begun bookbuilding for its IPO on the Amsterdam Stock Exchange, with a target deal size of €500m.
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Pepco, the retail conglomerate that owns Poundland, is seeking to list in Warsaw through an initial public offering.
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