UBS

The sporting world has been hit by many a betting scandal over the last few years but they are all dwarfed by the latest disgrace to hit horse racing, Leak can reveal.

MOVES IN BRIEF

One of the most anticipated ECM deals of the year fell victim to weakening sentiment across the market on Wednesday night, as much of Bankia’s sale of all of its Iberdrola shares was left with the deal’s bookrunners.

Beijing-based iKang Healthcare Group priced its $153m Nasdaq listing at the top of the range this week, as investors jumped at the chance to gain exposure to one of the fastest growing industries in China.

Beijing based pork processing company WH Group opened books for its $5.31bn Hong Kong IPO on Thursday and will take bids until April 22.

Beijing based pork processing company WH Group, which is the largest in the world, opened the books for its mega $5.31bn Hong Kong IPO on Thursday.

Dutch lender NIBC Bank is expected to sell five year Swiss franc bonds this week, according to market sources.

Beijing based iKang Healthcare Group priced its $153m Nasdaq listing at the top of the range, as investors jumped at the chance to gain exposure to one of the fastest growing industries in China.

WH Group, the world’s largest pork processing company, has finalised the price range for its jumbo IPO and was in final discussions with anchors on Wednesday, with a view to opening books for the deal on April 10.

Christine Novakovic will head UBS Investment Bank Switzerland, as well as continuing to head the corporate and institutional clients group at UBS Switzerland, and taking over corporate client solutions in Switzerland.

MetLife is set to sell its third ever Kangaroo bond on Wednesday, a five year print. Bankers away from the deal expect the issuer’s scarcity to encourage a strong bid from investors.

Malaysia’s much discussed IPO pipeline is finally showing signs of life, as 7-Eleven prepares to price next week and Icon begins the cornerstone process ahead of premarketing at the end of April.