Senin, 30 April 2018

RPT-Aviva to pay up to 14 mln stg to investors over preference shares

LONDON, April 30 (Reuters) - British insurer Aviva said it would pay up to 14 million pounds ($19.25 million) to compensate holders of its preference shares who sold out before the company backed down on a plan to cancel them.

from Reuters: New Issues News https://ift.tt/2KqZM1h

Kamis, 26 April 2018

UPDATE 1-Carpetright creditors back UK restructuring plan

LONDON, April 26 (Reuters) - Creditors and landlords of Carpetright approved the struggling British retailer's restructuring plan at a meeting on Thursday.

from Reuters: New Issues News https://ift.tt/2r2a1kB

Carpetright creditors back UK restructuring plan

LONDON, April 26 (Reuters) - Creditors and landlords of Carpetright approved the struggling British retailer's restructuring plan at a meeting on Thursday.

from Reuters: New Issues News https://ift.tt/2JssLQX

Cyber security firm Avast targets $4.5 bln valuation in IPO

LONDON, April 26 (Reuters) - Private equity-backed cyber security firm Avast is targeting a market capitalisation of between 2.5 billion and 3.2 billion pounds ($3.5-4.5 billion) in its initial public offering (IPO), potentially the biggest London listing since July.

from Reuters: New Issues News https://ift.tt/2HrTgJL

Rabu, 25 April 2018

UPDATE 2-Springer Nature to offer 1.6 bln euros of shares in listing

FRANKFURT, April 25 (Reuters) - Springer Nature, the publisher of science magazines Nature and Scientific American, is offering shares worth up to 1.6 billion euros ($1.95 billion) in its planned initial public offering (IPO), it said on Wednesday.

from Reuters: New Issues News https://ift.tt/2Keewk3

Springer Nature sets price range for Frankfurt flotation

FRANKFURT, April 25 (Reuters) - Springer Nature, the publisher of science magazines Nature and Scientific American, is offering shares worth up to 1.6 billion euros ($1.95 billion) in its planned initial public offering (IPO), it said on Wednesday.

from Reuters: New Issues News https://ift.tt/2FgXcag

Selasa, 24 April 2018

Ardian sells 49 percent stake in Luton Airport concession to AMP Capital

LONDON, April 24 (Reuters) - French investment company Ardian has agreed to sell its 49 percent stake in the concession to run Britain's fifth largest airport Luton to AMP Capital for an undisclosed sum.

from Reuters: New Issues News https://ift.tt/2vLbX5W

Senin, 23 April 2018

UPDATE 3-UK's Capita raises cash as aims to put problems in past

* Will raise 700 mln pounds for restructuring and balance sheet

from Reuters: New Issues News https://ift.tt/2Ka6BV2

UPDATE 2-UK's Capita turns to shareholders to fund business relaunch

* Will raise 700 mln pounds to fund restructuring, strengthen balance sheet

from Reuters: New Issues News https://ift.tt/2Hk7jB3

Jumat, 20 April 2018

UPDATE 1-Old Mutual to list emerging market, UK fund units in June

* Rest to have primary list in South Africa (Adds CEO comment, share price, CEO bonus)

from Reuters: New Issues News https://ift.tt/2qSS5bt

Old Mutual to list emerging market, UK fund units in June

LONDON, April 20 (Reuters) - Old Mutual said on Friday that the next stage of a planned break-up of the company would take place in June with the listing of its asset management and emerging market units.

from Reuters: New Issues News https://ift.tt/2qMx3vO

Kamis, 19 April 2018

UPDATE 2-Britain's FCA sends 'Dear CEO' letter to preference share issuers

* Other listed firms have yet to clarify position -FCA (Updates with graphic)

from Reuters: New Issues News https://ift.tt/2EZdk0d

UPDATE 1-Britain's FCA sends 'Dear CEO' letter to preference share issuers

* Other listed firms have yet to clarify position -FCA (Adds fund manager, investor letters)

from Reuters: New Issues News https://ift.tt/2HJK8x0

Rabu, 18 April 2018

Dutch energy company Eneco working with Citi on sale -sources

LONDON/AMSTERDAM, April 18 (Reuters) - Dutch energy company Eneco is working with investment bank Citi to advise on its privatisation, which should kick off soon, three sources familiar with the matter said.

from Reuters: New Issues News https://ift.tt/2HISZiy

Selasa, 17 April 2018

UPDATE 1-Russian housebuilder PIK Group postpones bond sale

MOSCOW, April 17 (Reuters) - Russia's biggest housebuilder PIK Group said on Tuesday it had postponed indefinitely the sale of 14 billion roubles ($227.66 million) of domestic bonds.

from Reuters: New Issues News https://ift.tt/2H5pbQi

Senin, 16 April 2018

BRIEF-Russian Railways Decides To Increase Share Capital

* DECIDES TO INCREASE SHARE CAPITAL BY 25.9 MLN ADDITIONAL SHARES WITH PLACEMENT PRICE RUB 1,000 PER SHARE IN CLOSED SUBSCRIPTION

from Reuters: New Issues News https://ift.tt/2H4JpcU

Jumat, 13 April 2018

CORRECTED-UPDATE 2-Cyber security firm Avast plans watershed London tech listing

LONDON, April 12 (Reuters) - Avast, the world's largest consumer antivirus supplier by customers, said on Thursday it will apply to list its shares on the London Stock Exchange in what could be a blockbuster float expected to value the company at around $4 billion.

from Reuters: New Issues News https://ift.tt/2qtdPuU

Kamis, 12 April 2018

UPDATE 2-Cyber security firm Avast plans watershed London tech listing

* Follows IPOs of other 'freemium' firms (Adds more detail, background, source on valuation)

from Reuters: New Issues News https://ift.tt/2vcRiYc

UPDATE 1-Springer Nature aims to raise 1.2 bln euros in new money in IPO

* BC Partners to sell some shares, Holtzbrinck to keep its stake

from Reuters: New Issues News https://ift.tt/2EFSYsB

UPDATE 1-Britain's Carpetright plans to close 92 stores in restructuring

LONDON, April 12 (Reuters) - Struggling British flooring retailer Carpetright said it would seek creditor approval for a restructuring plan to close 92 stores and reduce rents at 113 of its sites, resulting in about 300 job losses.

from Reuters: New Issues News https://ift.tt/2GQz8k9

Selasa, 10 April 2018

UPDATE 3-Vitol to list African venture Vivo, cancels Varo float

* Firm expects to be able to join FTSE UK indices (Updates with Varo IPO cancellation)

from Reuters: New Issues News https://ift.tt/2qkqT5T

Investor immunity to cryptocurrency 'disease' is growing, says Barclays

LONDON, April 10 (Reuters) - The investment mania for cryptocurrencies is like an infectious disease whose transmission rate may be declining, Barclays said on Tuesday, concluding their combined market capitalisation has probably already peaked.

from Reuters: New Issues News https://ift.tt/2ql7wIW

UPDATE 2-Vitol's African venture Vivo to float in London, Johannesburg

* Firm expects to be able to join FTSE UK indices (Adds details on Vivo and its on ownership, Varo listing)

from Reuters: New Issues News https://ift.tt/2GNh5eG

Senin, 09 April 2018

Avanti warns of insolvency if cannot complete debt restructuring

April 9 (Reuters) - Satellite operator Avanti Communications said on Monday it would likely have to be placed in some form of insolvency proceeding if it cannot complete its debt restructuring or is unable to raise at least $50 million.

from Reuters: New Issues News https://ift.tt/2qgDQ0i

Jumat, 06 April 2018

Aston Martin plans to appoint three banks to prepare 4 billion stg float - source

LONDON, April 6 (Reuters) - Aston Martin is preparing to appoint three banks to manage a possible London stock market listing of the luxury car manufacturer that could value it at between 4 billion pounds and 5 billion pounds ($5.6 billion to $7 billion), according to a source with direct knowledge of the matter.

from Reuters: New Issues News https://ift.tt/2EqdD3K