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Sale comes after the expiry last month of a pre-emptive acquisition rights agreement between the main family holding companies
Placing and open offer follows recent acquisition of US annuity provider
Long-time owners sell 0.5% stake after strong results
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Shenzhen-listed Hangzhou Tigermed Consulting has caught the attention of international and local investors for its secondary listing on the Hong Kong exchange, set to be worth at least $1bn.
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Swedish social housing manager Samhällsbyggnadsbolaget i Norden (SBB) has issued a Sk2.75bn (€270m) mandatory convertible bond to shore up its balance sheet as it pursues further investment opportunities in the social infrastructure space.
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HICL Infrastructure, the UK-based infrastructure equity investor, has launched a capital raise to repay £75m worth of debt in order to shore up its finances for further acquisitions.
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Ayala Land Real Estate Investment Trust (AReit) has struck a chord with investors, which covered the institutional book of its IPO after the first day on the road, according to a source familiar with the matter.
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Hong Kong’s stock exchange has appointed two legal and consulting veterans to senior positions in its IPO vetting unit and a new compliance team.
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The Wirecard scandal — like other recent debacles such as NMC Health — shows that financial reporting, oversight and governance, as they are currently practised, are woefully inadequate.
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