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Books multiple times covered at £9.15 per share as commodities trader exits longstanding investment
UK public equity markets are easier to use after recent reforms, but now comes the hard task of stimulating activity
Underwriting left unused after deal is 33% oversubscribed
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The first IPO on the Bombay Stock Exchange’s new startup board is fully covered. Indian software consulting company Alphalogic Techsys has raised Rp61.8m ($862,000) from the listing. -
Equity bankers flew out to the Middle East this week to pitch for roles in the IPO of Saudi Aramco, Saudi Arabia’s state oil and gas giant, according to equity capital markets sources.
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Belarusian food retailer Eurotorg has hit the Russian rouble-denominated debt capital markets for the second time this year, raising a Rb3.5bn ($52m) loan.
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Shanghai Henlius Biotech, which is being spun off by Shanghai Fosun Pharmaceutical (Group) Co, started gauging investor interest for its Hong Kong IPO on Monday, despite a choppy market.
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Megvii Technology, a Chinese artificial intelligence (AI) company best known for the facial recognition platform Face++, has set the ball rolling for its dual-class share listing in Hong Kong.
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Indian company Alphalogic Techsys kicked off bookbuilding for its IPO on Monday and is on track to become the first listing on BSE’s new startup board.
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