Jumat, 29 Desember 2017

London Stock Exchange's company floats hit 3-year high at 15 bln pounds

LONDON, Dec 29 (Reuters) - The London Stock Exchange raised 15 billion pounds ($20.28 billion) from 106 initial public offerings (IPOs) in 2017, a 63 percent increase compared to last year and the highest level for three years.

from Reuters: New Issues News http://ift.tt/2DtHpEQ

Kamis, 28 Desember 2017

Rabu, 20 Desember 2017

Mining listings bring Indian gold and Irish zinc to London

LONDON, Dec 20 (Reuters) - Two exploration companies with assets spanning gold in India to zinc in Ireland will list their shares on London's Alternative Investment Market (AIM) on Thursday, bringing to 11 the number of mining listings this year as commodities prices recover.

from Reuters: New Issues News http://ift.tt/2BNum3M

Sterling high-yield leaves behind record year

LONDON, Dec 20(IFR) - The junk segment of the sterling corporate bond market is leaving behind a record year despite a series of headlines casting a shadow over the future of the UK's economy and currency.

from Reuters: New Issues News http://ift.tt/2BkbNot

Bank of England says firms expect to offer bigger pay rises in 2018

LONDON, Dec 20 (Reuters) - British businesses expect to offer pay deals averaging around 3 percent next year, up from about 2.5 percent this year, the Bank of England said in a regular report on economic conditions from its regional staff.

from Reuters: New Issues News http://ift.tt/2kQb17l

Selasa, 19 Desember 2017

UPDATE 1-Knorr-Bremse appoints banks for 2018 stock market listing -sources

* Deal could value Knorr-Bremse at up to 15 bln euros (Adds bookrunner mandates, background)

from Reuters: New Issues News http://ift.tt/2BAbtyS

UAE's NMC Healthcare plans $800 mln in investments from 2018

DUBAI, Dec 19 (Reuters) - United Arab Emirates-based hospital operator NMC Healthcare has $800 million available to start investing in 2018 in the Gulf and other markets, its chief executive told Reuters in an interview.

from Reuters: New Issues News http://ift.tt/2BwHRCl

Jumat, 15 Desember 2017

Russian conglomerate Sistema's real estate unit shelves bond sale

MOSCOW, Dec 15 (Reuters) - Lider Invest, a real estate unit of Russian business conglomerate Sistema, said on Friday it had postponed indefinitely a planned bond sale, citing an unfavourable environment.

from Reuters: New Issues News http://ift.tt/2BstaCI

UPDATE 1-UK builder Persimmon's chairman, director quit over pay plan

* Politicians, public critical of excessive board pay (Adds details, figures, background)

from Reuters: New Issues News http://ift.tt/2AvoHLZ

Kamis, 14 Desember 2017

Minority investors in M&C Hotels to resist takeover from CDL

LONDON, Dec 14 (Reuters) - A group of minority investors in Millennium & Copthorne Hotels said they will not tender their shares to bidder City Developments Limited (CDL), the majority shareholder that is attempting to take control of the company in a deal valuing the hotelier at 2 billion pounds ($2.69 billion).

from Reuters: New Issues News http://ift.tt/2zcFG7g

AIB CEO encourages Ireland to look at selling more shares now

DUBLIN, Dec 14 (Reuters) - The head of Allied Irish Banks (AIB) on Thursday encouraged the government to look at selling down more of its 71 percent stake in the bank, following a 25 percent jump in the stock in the six months since its initial public offering.

from Reuters: New Issues News http://ift.tt/2ChQdO3

Selasa, 12 Desember 2017

UPDATE 1-Unimin to buy shale sand supplier Fairmount in cash-and-stock deal

HOUSTON, Dec 12 (Reuters) - Fairmount Santrol Holdings Inc said on Tuesday it would sell itself to Unimin Corp in a cash-and-stock deal to create one of the largest suppliers of sand for use in hydraulic fracturing to shale oil and gas producers.

from Reuters: New Issues News http://ift.tt/2BWLhgG

UPDATE 1-BHP hires four banks for U.S. shale exit ahead of early 2018 deadline - sources

LONDON/NEW YORK, Dec 12 (Reuters) - BHP , the world's largest miner, has asked four investment banks to help it prepare for either a sale or spin-off of its underperforming U.S. shale oil and gas unit, with a view to taking a decision in early 2018, sources said.

from Reuters: New Issues News http://ift.tt/2z3vrSY

REFILE-EBRD pledges up to EUR100m in largest Green bond fund

LONDON, Dec 12 (IFR) - The EBRD has announced plans to invest up to €100m in Amundi and the International Finance Corporation's Green bond fund, which stands as the world's largest, having raised more than US$1.2bn so far.

from Reuters: New Issues News http://ift.tt/2yhT8Df

Senin, 11 Desember 2017

Chemicals distribution group Azelis considers 2018 IPO -sources

MADRID/FRANKFURT, Dec 11 (Reuters) - Belgium-based chemicals distribution group Azelis is considering a 2018 stock market listing as its private equity owner seeks to benefit from high sector valuations, sources close to the matter said.

from Reuters: New Issues News http://ift.tt/2z0P9OX

Minggu, 10 Desember 2017

UPDATE 2-Italian fund denies seeking to raise stake in Aston Martin

MILAN, Dec 10 (Reuters) - Italy's Investindustrial is not in talks to increase its stake in Aston Martin and no decision has been taken on a possible stock market listing for the British carmaker, the private equity group said, denying an earlier newspaper report.

from Reuters: New Issues News http://ift.tt/2iMUlgo

UPDATE 1-Italian fund denies seeking to raise stake in Aston Martin

MILAN, Dec 10 (Reuters) - Italy's Investindustrial is not in talks to increase its stake in British carmaker Aston Martin and no decision has been taken regarding a possible stock market listing of the company, a spokesman for the private equity group said, denying an earlier newspaper report.

from Reuters: New Issues News http://ift.tt/2jhUDjr

Kamis, 07 Desember 2017

MOVES-HSBC's global head of public sector syndicate to leave the bank

LONDON, Dec 7 (IFR) - HSBC's global head of public sector syndicate will be leaving the bank at the end of the year, according to an internal memo seen by IFR.

from Reuters: New Issues News http://ift.tt/2BIUIAh

UPDATE 1-L&G says on track for record year in 2017

LONDON, Dec 7 (Reuters) - Legal & General is on track for a record year in earnings and profits, the British life insurer said on Thursday, helped by strong performances in its retirement and funds businesses.

from Reuters: New Issues News http://ift.tt/2Bbgcti

L&G says on track for record year in 2017

LONDON, Dec 7 (Reuters) - Legal & General said on Thursday it is on track for a record year with strong growth in its core business driving profits higher.

from Reuters: New Issues News http://ift.tt/2k36v57

Rabu, 06 Desember 2017

REFILE-Shareholders in Italy's Carige take up 66 pct of vital cash call

* New investors set to buy unsold shares for 120 mln euros-sources

from Reuters: New Issues News http://ift.tt/2nyGeAJ

UPDATE 1-MTN Ghana to sign 510 mln cedi syndicated loan via Ecobank

ACCRA, Dec 6 (Reuters) - MTN Ghana will sign a 510 million cedi ($112 million) syndicated loan facility arranged by Ecobank, sources close to the deal told Reuters on Wednesday.

from Reuters: New Issues News http://ift.tt/2kriAVQ

UPDATE 1-L&G to sell life policies business to Swiss Re for $870 mln

* L&G to reinvest in annuities, funds, general insurance (Adds detail from statements, analyst reaction, share price)

from Reuters: New Issues News http://ift.tt/2AcWyx7

Russia-Japan Investment Fund makes first investments of $170 mln

MOSCOW, Dec 6 (Reuters) - The Russia-Japan Investment Fund (RJIF) has made its first investments in a number of Russia-focused deals, spending around 10 billion roubles ($170 million), the fund said on Wednesday.

from Reuters: New Issues News http://ift.tt/2nx5He1

Britain's Genel Energy seeks to cut bond debt to $300 mln

Dec 6 (Reuters) - Iraqi Kurdistan-focused oil producer Genel Energy plc said on Wednesday it is seeking to reduce its bond debt to $300 million from the currently outstanding $421.8 million.

from Reuters: New Issues News http://ift.tt/2B5rtvi

CORRECTED-Delivery Hero to place up to $810 million worth of shares

FRANKFURT, Dec 5 (Reuters) - Delivery Hero, the world's largest online takeaway food delivery group, said on Tuesday it would offer shares worth up to 686 million euros ($810 million) to investors, raking in cash to expand its business through takeovers.

from Reuters: New Issues News http://ift.tt/2AUTvsS

British car insurer Sabre's London listing priced at 230 pence per share

Dec 6 (Reuters) - British car insurance underwriter Sabre priced its London market debut at 230 pence per share, giving the company a market value of 575 million pounds ($771 million) at the start of conditional trading.

from Reuters: New Issues News http://ift.tt/2zRLFMQ

Selasa, 05 Desember 2017

Delivery Hero to place $810 million worth of shares

FRANKFURT, Dec 5 (Reuters) - Delivery Hero, the world's largest online takeaway food delivery group, said on Tuesday it would offer shares worth 686 million euros ($810 million) to investors, raking in cash to expand its business through takeovers.

from Reuters: New Issues News http://ift.tt/2Az5D05

UPDATE 2-UK's Cineworld targets U.S. expansion with $3.6 bln deal to buy Regal Entertainment

* Deal puts combined company in better position to take on AMC

from Reuters: New Issues News http://ift.tt/2iR5Y9W

UPDATE 1-UK's Cineworld to buy U.S. Regal Entertainment for $3.6 bln

Dec 5 (Reuters) - Britain's Cineworld Group Plc has agreed to buy U.S. movie theatre operator Regal Entertainment Group for $3.6 billion in cash, the companies said on Tuesday.

from Reuters: New Issues News http://ift.tt/2iTDf4f

Italy's Carige to sell consumer credit arm to Chenavari

MILAN, Dec 5 (Reuters) - Italy's Banca Carige aims to sell its consumer credit unit to London-based hedge fund Chenavari by Dec. 6 when a vital 560 million euro ($664 million) cash call ends.

from Reuters: New Issues News http://ift.tt/2iPCZDv

Senin, 04 Desember 2017

UPDATE 1-GEMS Education picks banks for $5 bln London IPO -sources

LONDON, Dec 4 (Reuters) - GEMS Education's owners have chosen JP Morgan, Credit Suisse, Bank of America Merrill Lynch and Morgan Stanley to lead the private schools group's planned flotation, sources familiar with the matter said.

from Reuters: New Issues News http://ift.tt/2AqJ9QC

UPDATE 2-Four Seasons owner asks bondholders to take over care homes group

LONDON, Dec 4 (Reuters) - The owner of British care homes operator Four Seasons has offered to hand over the business to its bondholders for a nominal sum, days before an interest payment deadline that could push Four Seasons into administration.

from Reuters: New Issues News http://ift.tt/2jKfW9w

GEMS picks JP Morgan, Credit Suisse and Bank of America for $5 bln IPO -sources

LONDON, Dec 4 (Reuters) - GEMS Education's owners have chosen JP Morgan, Credit Suisse and Bank of America Merrill Lynch to lead the international private schools group's initial public offering (IPO), two sources familiar with the matter said.

from Reuters: New Issues News http://ift.tt/2AK1WXQ

GEMS picks JP Morgan, Credit Suisse and Bank of America for $5 bln IPO -sources

LONDON, Dec 4 (Reuters) - GEMS Education's owners have chosen JP Morgan, Credit Suisse and Bank of America Merrill Lynch to lead the international private schools group's initial public offering (IPO), two sources familiar with the matter said.

from Reuters: New Issues News http://ift.tt/2jdqYVf

UPDATE 1-Four Seasons owner asks bondholders to take over care homes group

LONDON, Dec 4 (Reuters) - The owner of British care homes operator Four Seasons has offered to hand over the business to its bondholders for a nominal sum, days before an interest payment deadline that could push Four Seasons into administration.

from Reuters: New Issues News http://ift.tt/2iM5n9x

Terra Firma calls on Four Seasons bondholders to take over care homes group

LONDON, Dec 4 (Reuters) - Private equity group Terra Firma on Monday called on the bondholders of British care homes operator Four Seasons to take over the group and its 343 homes for a nominal sum, with immediate effect, to provide stability for employees and patients.

from Reuters: New Issues News http://ift.tt/2AMnJhu

UPDATE 1-Russia's En+ Q3 net profit up 43 pct year-on-year to $350 mln

MOSCOW, Dec 4 (Reuters) - Russia's En+ Group, which manages businessman Oleg Deripaska's aluminium and hydropower businesses, said on Monday its third-quarter net profit rose 43 percent year-on-year to $350 million helped by higher aluminium prices.

from Reuters: New Issues News http://ift.tt/2zMmGKK

Minggu, 03 Desember 2017

BRIEF-Russian Helicopters Sets Price For Additional Share Issue

* SETS PRICE FOR ADDITIONAL SHARE ISSUE AT RUB 1,240 PER SHARE

from Reuters: New Issues News http://ift.tt/2BwNvmD

Jumat, 01 Desember 2017

RPT-UPDATE 2-RBS to close a quarter of its UK branches, drawing criticism

* British banks set to close more than 1,000 branches this year

from Reuters: New Issues News http://ift.tt/2keZiCO

UPDATE 2-RBS to close a quarter of its UK branches, drawing criticism

* British banks set to close more than 1,000 branches this year

from Reuters: New Issues News http://ift.tt/2i6Ew3Q

UPDATE 1-Greensphere Capital seeks London share listing

Nov 30 (Reuters) - Greensphere Capital Plc said on Thursday that it would seek to raise up to $500 million in an initial public offering on the London Stock Exchange.

from Reuters: New Issues News http://ift.tt/2AKYAUZ

Barclays announces final sale of stake in Barclays Africa

LONDON, Dec 1 (Reuters) - Barclays will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest and likely last in a series of such sales as it ends more than 90 years as a major presence on the continent.

from Reuters: New Issues News http://ift.tt/2zTPq8E

UPDATE 1-RBS axes further 259 British branches as expands e-banking

LONDON, Dec 1 (Reuters) - British state-owned Royal Bank of Scotland (RBS) said on Friday it will close 259 branches and cut 680 jobs as it reduces costs and encourages customers to use online and mobile services.

from Reuters: New Issues News http://ift.tt/2AwcTvS

RBS axes further 259 British branches as expands e-banking

LONDON, Dec 1 (Reuters) - British state-owned Royal Bank of Scotland (RBS) said on Friday it will close 259 branches and cut 680 jobs as it reduces costs and encourages customers to use online and mobile services.

from Reuters: New Issues News http://ift.tt/2itLR1g