Fastjet to raise cash to fund South Africa, Mozambique growth

Sept 29 (Reuters) - African budget airline Fastjet Plc said on Friday it would raise not less than $44 million, in part through a placing, to fund expansion in South Africa and Mozambique.

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Europe has strongest third quarter for share listings since 2014

LONDON, Sept 29 (Reuters) - Proceeds from European initial public offerings (IPO) reached $7.7 billion in the three months ending September, up 45 percent compared with last year and the highest since 2014, according to Thomson Reuters data.

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China-backed fund clear to buy Imagination after rival interest ends

LONDON, Sept 27 (Reuters) - Imagination Technologies , the British chip designer selling itself to a China-backed buyout fund, said on Wednesday another potential buyer had ruled itself out, removing a potential hurdle to the 550 million pound ($737 million) deal.

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UPDATE 2-Eneco shareholder group criticises management

AMSTERDAM, Sept 26 (Reuters) - A commission representing shareholders in Dutch energy company Eneco NV on Tuesday criticised the company's management for trying to influence its sale process.

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UPDATE 3-Thyssenkrupp raises $1.7 bln to fund industrial goods businesses

* Thyssenkrupp shares flat (Adds information on two biggest shareholders)

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UPDATE 2-Thyssenkrupp raises $1.7 bln to fund industrial goods businesses

* Thyssenkrupp shares down 1 pct (Recasts, adds context, shares, analyst comment)

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UPDATE 1-Thyssenkrupp raises 1.4 bln euros via share sale

BERLIN, Sept 25 (Reuters) - Thyssenkrupp AG raised almost 1.4 billion euros ($1.66 billion) from institutional investors on Monday in a share sale to bolster its balance sheet ahead of a planned merger with India's Tata Steel.

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Thyssenkrupp to raise capital ahead of Tata deal

BERLIN, Sept 25 (Reuters) - Germany's Thyssenkrupp will increase its capital by 10 percent in a sale of new shares to bolster its balance sheet ahead of a planned deal with India's Tata Steel.

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UPDATE 1-Britain's Deliveroo raises $385 mln for food fight

LONDON, Sept 24 (Reuters) - British food delivery company Deliveroo has raised $385 million in private funding, it said on Sunday, as it prepares for expansion to help it compete with publicly traded rivals such as Delivery Hero and Just Eat.

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UK food delivery firm Deliveroo raises $385 million for expansion

LONDON, Sept 24 (Reuters) - British takeaway food delivery firm Deliveroo has raised $385 million in new funding, the firm said in a statement on Sunday which set out that the money would help establish operations in new areas of the country and overseas.

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UPDATE 1-London Dana Gas sukuk trial to go ahead despite UAE injunction -judge

* UAE injunction bars Dana Gas from participating (Adds details, background)

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Nigeria's Union Bank starts 50 bln naira share sale

LAGOS, Sept 20 (Reuters) - Nigeria's Union Bank has begun a share sale to existing shareholders to raise 50 billion naira ($159.24 mln) after it received regulatory approval, the bank said on Wednesday.

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UPDATE 1-Judge tells Dana Gas London trial could go ahead without it

LONDON, Sept 19 (Reuters) - A High Court judge called on Tuesday on Dana Gas and its creditors to agree on a way for a trial seen as shaping the future of Islamic finance to proceed and said he might complete it regardless of whether all parties were present.

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Dana Gas sukuk UK trial adjourned until Thursday after injunction

LONDON, Sept 19 (Reuters) - A London High Court judge on Tuesday adjourned until Thursday a trial on the validity of a sukuk, or Islamic bond, issued by UAE company Dana Gas in a case with implications for the global Islamic finance industry.

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UPDATE 1-South Africa's Steinhoff African unit prices IPO at 20.50 rand

JOHANNESBURG, Sept 15 (Reuters) - South Africa's Steinhoff priced the initial public offering (IPO) of its African unit at 20.50 rand on Friday, the middle of the marketed range and valuing the business at about 71 billion rand ($5.40 billion).

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BRIEF-Unilever issues bonds amounting to 250 million pounds

* UNILEVER NV ISSUES BONDS AMOUNTING TO GBP 250 MILLION, THAT WILL BE LISTED ON EURONEXT AMSTERDAM AS OF SEPT. 15 - EURONEXT

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BRIEF-Transcontainer to spin off tank-container transportation business

* SAYS APPROVES TO SPIN OFF COMPANY'S TANK-CONTAINER TRANSPORTATION BUSINESS INTO A WHOLLY OWNED SUBSIDIARY

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Barclays wins end to U.S. litigation over pre-crisis disclosures

NEW YORK, Sept 13 (Reuters) - Barclays Plc won the dismissal on Wednesday of U.S. class-action litigation by investors who bought its stock just months before the 2008 global financial crisis, and accused it of concealing its exposure to risky debt and an inability to manage credit risks.

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British motor insurer Sabre to pursue $800 mln listing - sources

LONDON, Sept 12 (Reuters) - British motor insurer Sabre is planning an initial public offering (IPO) that could value it at 600 million pounds ($800 million) after failing to find a buyer, sources with knowledge of the matter said.

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BRIEF-Bank of Ireland issues first bonds from new holding company

* Raised 300 million pounds, 500 million dollars of Tier 2 capital with a maturity of 10 years

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Spain's Santander to raise up to 981 mln euros in subordinated debt

MADRID, Sept 12 (Reuters) - Spain's Banco Santander registered on Tuesday a prospectus to raise up to 981 million euros ($1.2 billion) in subordinated debt as part of a commercial offer to compensate some retail clients who acquired shares and subordinated debt of Banco Popular and were wiped out when the bank was wound down.

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Barclays to step up fixed income, equity financing

LONDON, Sept 12 (IFR) - Barclays plans to step up financing in its corporate and investment bank, particularly in fixed income and equity, as part of its plan to improve returns in the business.

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Cabot IPO delayed as Provident Financial ex-CEO quits board

LONDON, Sept 11 (Reuters) - Cabot Credit Management's planned 1 billion pound ($1.3 billion) initial public offering has been delayed by the resignation from its board of the former boss of Provident Financial.

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RPT-UPDATE 1-Will Saudi Aramco deliver world record profit for next year's IPO?

LONDON, Sept 8 (Reuters) - When oil giant Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations for a $2 trillion valuation in its initial public offering (IPO).

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Benetton's Edizione readying bid for packaging firm Guala Closures - sources

LONDON, Sept 8 (Reuters) - Italy's Edizione Holding, the investment vehicle of the Benetton family, is preparing a bid for Italian packaging manufacturer Guala Closures, valued at more than 1 billion euros ($1.2 billion) including debt, three sources said.

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UPDATE 1-Will Saudi Aramco deliver world record profit for next year's IPO?

* Valuation demands annual earnings around $130 billion (Adds latest figures for Aramco's reserves in paragraph 3)

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CORRECTED-Will Saudi Aramco deliver world record profit for next year's IPO?

LONDON, Sept 8 (Reuters) - When oil giant Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations for a $2 trillion valuation in its initial public offering (IPO).

from Reuters: New Issues News http://ift.tt/2xTIX8P

Will Saudi Aramco deliver world record profit for next year's IPO?

LONDON, Sept 8 (Reuters) - When oil giant Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations for a $2 trillion valuation in its initial public offering (IPO).

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

Fenergo hires 300 as banks step up mid-office overhaul

LONDON, Sept 7 (IFR) - Financial technology firm Fenergo is doubling its staff as banks sign up for its software to "onboard" clients and carry out compliance and due diligence more easily - further evidence of the technology shaking up capital markets.

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Syndicated sale of 50-year gilt attracts 2nd highest demand on record

LONDON, Sept 5 (Reuters) - Britain's sale via syndication of a 50-year government bond attracted the second highest amount of orders on record, the United Kingdom Debt Management Office (DMO) said on Tuesday.

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Britain sells 4.0 bln stg of 2065 gilt via syndication

LONDON, Sept 5 (Reuters) - Britain said on Tuesday that it had sold 4.0 billion pounds ($5.2 billion) of the 2.5 percent 2065 conventional gilt via syndication.

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Britain's Destiny Pharma raises cash to fund 'superbug' drugs

LONDON, Sept 4 (Reuters) - Britain's Destiny Pharma , which is developing drugs to target antibiotic-resistant bacterial infections, has raised 15.3 million pounds ($19.8 million) by listing shares on London's AIM market.

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