UPDATE 2-Melrose's $10 bln GKN bid opposed by investor adviser PIRC

* Melrose shareholders to vote on March 8 (Adds Glass Lewis recommendation)

from Reuters: New Issues News http://ift.tt/2HSH1T2

UPDATE 3-Tesco and Booker shareholders give marriage blessing

* Shares in both companies rise (Adds detail, Tesco chairman, fund manager comments, updates shares)

from Reuters: New Issues News http://ift.tt/2F1vxPH

L-Bank sets IPTs for US dollar FRN three-tranche taps

LONDON, Feb 28 (IFR) - Landeskreditbank Baden Wuerttemberg – Foerderbank has started marketing taps of a three-tranche bond, increasing the Apr 2020s, Sep 2021s and Mar 2023s by US$250m, US$500m and US$500m, respectively.

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

India's Bharti Airtel wants to get out of towers, committed to Africa

BARCELONA, Feb 28 (Reuters) - India's Bharti Airtel is exploring merger and sale options for its mobile towers businesses as Chairman Sunil Bharti Mittal seeks to get out of the infrastructure game and focus on connectivity.

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

UPDATE 2-Tesco and Booker shareholders give blessing to marriage

* Shares in both companies rise (Adds details of Booker meetings, shares)

from Reuters: New Issues News http://ift.tt/2HOMs5H

UPDATE 1-Proxy shareholding group PIRC opposes Melrose bid for GKN

LONDON, Feb 28 (Reuters) - Proxy voting adviser PIRC has told Melrose Industries shareholders they should oppose its 7 billion pound ($9.67 billion) bid for engineering group GKN because of the hostile nature of its offer and political scrutiny it has drawn.

from Reuters: New Issues News http://ift.tt/2oC2ZB6

UPDATE 1-Tesco shareholders give blessing to Booker takeover

LONDON, Feb 28 (Reuters) - Shareholders in Tesco, Britain's biggest retailer, on Wednesday overwhelmingly backed the takeover of Booker, the country's largest wholesaler, according to a provisional voting announcement.

from Reuters: New Issues News http://ift.tt/2F1NBc4

BRIEF-Awilco Drilling ‍Intends To Carry Out A Subsequent Offering

* ‍INTENDS TO CARRY OUT A SUBSEQUENT OFFERING OF UP TO 1,400,000 NEW SHARES IN COMPANY​

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

BRIEF-‍Awilco Drilling to issue $65 mln in new shares to build $425 mln rig at Keppel

* ‍AWILCO DRILLING IS CONTEMPLATING A PRIVATE PLACEMENT OF NEW SHARES WITH GROSS PROCEEDS IN AMOUNT OF USD 65 MILLION DIRECTED TOWARDS NORWEGIAN AND INTERNATIONAL INVESTORS​

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

UPDATE 1-RBS staffing shows turnaround unit "merely" rebranded says UK lawmaker

LONDON, Feb 27 (Reuters) - Nearly all the senior employees in Royal Bank of Scotland's business turnaround division also worked for its predecessor, which is alleged to have pushed firms into bankruptcy, British lawmakers said on Tuesday.

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

UPDATE 2-Provident Financial shares soar as capital raising seen as first step to recovery

* Settles Vanquis Bank probe with FCA (Adds details, CEO comments, share movement)

from Reuters: New Issues News http://ift.tt/2CKlvw8

UPDATE 2-Hong Kong to ease rules for secondary listing of US, UK-listed firms

* HKEX wants to ease restrictions on secondary listings in city

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

UK builder Persimmon reins in management bonus scheme after criticism

Feb 23 (Reuters) - British housebuilder Persimmon has scaled back potential rewards under its management bonus plan following widespread criticism of a scheme that could have netted bosses more than 200 million pounds ($279 million) from share options.

from Reuters: New Issues News http://ift.tt/2CBBXP7

Financial services firm SimplyBiz eyes 150 million pound London IPO - source

LONDON, Feb 21 (Reuters) - British company SimplyBiz is joining a queue of financial services firms preparing for flotations on the London stock market with plans for a listing that could value the group at more than 150 million pounds ($209 million).

from Reuters: New Issues News http://ift.tt/2EI6VXO

Turkish Treasury says mandates banks for panda market bond issue

ISTANBUL, Feb 21 (Reuters) - Turkey has mandated Bank of China, HSBC and ICBC to explore bond issuance opportunities in China's panda market, the Turkish Treasury said on Wednesday.

from Reuters: New Issues News http://ift.tt/2ED4TIn

UPDATE 2-Temenos agrees 1.4 bln stg deal for Fidessa, activist Elliott enters

* Elliott Capital Advisors discloses nearly 5 pct Fidessa stake (Updates market reaction, adds details on Elliott)

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

UPDATE 1-Temenos agrees 1.4 bln stg deal for Fidessa, activist Elliott enters

ZURICH, Feb 21 (Reuters) - Swiss software company Temenos said it has agreed a 1.4 billion pound ($1.96 billion) deal to buy British peer Fidessa Group, whose shares traded above the offer price as an activist investor disclosed a stake of nearly 5 percent.

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

UPDATE 2-Temenos in talks to buy British trading software company Fidessa

* Swiss software supplier pursuing expansion beyond banking sector

from Reuters: New Issues News http://ift.tt/2BEn3ee

UPDATE 3-HSBC profit disappoints as CEO Gulliver bows out

* Shares fall 4.4 percent (Adds investor reaction, share update, CEO quote)

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

UPDATE 1-Temenos, Fidessa in advanced talks for $1.97 bln Fidessa offer

ZURICH, Feb 20 (Reuters) - Swiss banking software supplier Temenos and Fidessa Group said on Tuesday they were in advanced discussions regarding a possible all-cash offer valuing the British trading software provider at about 1.41 billion pounds ($1.97 billion).

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

For timing of Aramco IPO, watch forward oil price curve

* Kingdom wants long-dated oil price ideally at $70/b -sources

from Reuters: New Issues News http://ift.tt/2EAEv1Q

UPDATE 1-Britain's financial watchdog refuses to publish report on RBS

LONDON, Feb 16 (Reuters) - Britain's financial watchdog said it would not publish the full report into Royal Bank of Scotland Group's treatment of small businesses, but instead sent a copy of the report to lawmakers on Friday.

from Reuters: New Issues News http://ift.tt/2F6CpYH

Britain's financial watchdog refuses to publish report on RBS

LONDON, Feb 16 (Reuters) - Britain's financial watchdog said it would not publish the full report into Royal Bank of Scotland Group's treatment of small businesses, but instead sent a copy of the report to lawmakers on Friday.

from Reuters: New Issues News http://ift.tt/2HlD3SS

Sky investor Polygon says Fox offer undervalues broadcaster

LONDON, Feb 14 (Reuters) - Hedge fund Polygon Global Partners, which is an investor in Sky, said the outcome of the English Premier League soccer rights auction supported its view that the takeover by Twenty-First Century Fox undervalues the British company.

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

RPT-UPDATE 1-Attention turns to bid price after Sky's soccer winner

* Sky shares rise above Fox offer price of 10.75 pounds a share

from Reuters: New Issues News http://ift.tt/2o6Uu0z

UPDATE 1-Attention turns to bid price after Sky's soccer winner

* Sky shares rise above Fox offer price of 10.75 pounds a share (Adds Sky shareholder, further analyst reaction)

from Reuters: New Issues News http://ift.tt/2EopMH3

CVC chooses banks to lead Sky Bet float in London - sources

LONDON, Feb 14 (Reuters) - The majority owner of Britain's Sky Bet, CVC, has chosen investment banks Citi, Goldman Sachs and Barclays to lead an initial public offering of the online betting company, two sources familiar with the matter said.

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

UPDATE 2-Galliford seeks funds after collapse of partner Carillion

* Looks to raise 150 mln stg from investors to offset Carillion collapse costs

from Reuters: New Issues News http://ift.tt/2o6gIzY

UPDATE 2-Danone to sell $1.9 bln Yakult stake in quest to boost shareholder returns

* Danone to sell 14 percent Yakult stake, two-thirds of holding

from Reuters: New Issues News http://ift.tt/2Eqdrq1

Sky's investors cheer its Premier League result

LONDON, Feb 14 (Reuters) - Rupert Murdoch's Sky has tightened its grip on English Premier League soccer rights at a lower price than it currently pays, boosting its shares early on Wednesday.

from Reuters: New Issues News http://ift.tt/2Bt5r4T

UPDATE 1-British construction group Galliford Try to raise 150 mln pounds

Feb 14 (Reuters) - British construction group Galliford Try said it planned to raise 150 million pounds ($209 million) from investors in coming weeks and said it would bring forward plans to increase its dividend cover to the current financial year.

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

Financial services firm JTC eyes 320 mln-pound London IPO - sources

LONDON, Feb 12 (Reuters) - Financial services business JTC Group is gearing up for a London stock market float that could value the private-equity backed firm at more than 300 million pounds ($414.33 million), according to two sources with knowledge of the matter.

from Reuters: New Issues News http://ift.tt/2o3WEhk

Russia's Sistema: toy retailer Detsky Mir to sell shares in March

MOSCOW, Feb 9 (Reuters) - Russian children's goods retailer Detsky Mir plans to hold a secondary share offering in March, Vladimir Yevtushenkov, chairman of its parent company Sistema, said on Friday.

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

Activist Sandell calls on Booker to secure better Tesco bid terms

LONDON, Feb 8 (Reuters) - Activist investor Sandell Asset Management plans to oppose Tesco's 3.7 billion pound ($5.2 billion) takeover of Booker Group unless the wholesaler secures a better offer from Britain's biggest retailer.

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

Dutch bank NIBC doubles profit in run-up to possible IPO

AMSTERDAM, Feb 8 (Reuters) - Dutch bank NIBC said on Thursday its net profit had more than doubled last year and it was making good progress with its latest preparations for a possible stock market listing.

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

World Bank launches $1.4 bln catastrophe bond for Latam earthquakes-Aon

LONDON, Feb 7 (Reuters) - The World Bank has launched a $1.4 billion catastrophe bond covering Latin American earthquakes, the largest earthquake catastrophe bond on record, Aon Securities said on Wednesday.

from Reuters: New Issues News http://ift.tt/2EJrC6p

UPDATE 2-RBS denies British lawmaker's allegation it "misled" politicians

LONDON, Feb 6 (Reuters) - Royal Bank of Scotland on Tuesday denied a British lawmaker's allegation that its executives misled a parliamentary committee over the extent to which the bank mistreated small businesses during and after the financial crisis.

from Reuters: New Issues News http://ift.tt/2BZnE6Q

UPDATE 1-RBS executives 'misled' politicians over treatment of struggling firms - lawmaker

LONDON, Feb 6 (Reuters) - Royal Bank of Scotland executives "misled" a parliamentary committee over the extent to which the bank mistreated small businesses during and after the financial crisis, a lawmaker said in Britain's parliament on Tuesday.

from Reuters: New Issues News http://ift.tt/2GQ35NM

Royal Bank of Scotland executives 'misled' politicians over small business report -lawmaker

LONDON, Feb 6 (Reuters) - Royal Bank of Scotland executives "misled" a parliamentary committee over the contents of a report into the bank's treatment of small businesses, a lawmaker said in Britain's parliament on Tuesday.

from Reuters: New Issues News http://ift.tt/2FRHYt2

Leading Carige investor Credito Fondiario liquidates stake

MILAN, Feb 5 (Reuters) - Credito Fondiario, an Italian bad loan specialist that in late 2017 backed a vital capital raising at Banca Carige, has liquidated its 5.4 percent stake in the lender, a regulatory filing showed.

from Reuters: New Issues News http://ift.tt/2nLvbB1

Italy's Serie A soccer league accepts Mediapro's offer for 2018-21 TV rights

MILAN, Feb 5 (Reuters) - Italy's Serie A soccer league said on Monday it had accepted an offer for rights to broadcast matches for the 2018-21 seasons presented by Spanish broker Mediapro at just above 1.05 billion euros ($1.31 billion).

from Reuters: New Issues News http://ift.tt/2nCvW02

BRIEF-Russian Helicopters Approves Additional Share Issue

* APPROVES TO INCREASE SHARE CAPITAL BY ADDITIONAL SHARE ISSUE

from Reuters: New Issues News http://ift.tt/2E6zXn1

British debt collector Cabot readies IPO re-run early in 2018 -sources

LONDON, Feb 2 (Reuters) - Cabot Credit Management is likely to attempt to list on the London Stock Exchange early in 2018 after Britain's biggest debt collector pulled a planned IPO last year, sources familiar with the matter said.

from Reuters: New Issues News http://ift.tt/2Ec3sUe

UPDATE 2-After meeting Capita, Britain says it is not another Carillion

* Government accused of complacency over outsourcing (Recasts, adds detail, quotes)

from Reuters: New Issues News http://ift.tt/2BJaR8s

UPDATE 1-British officials met Capita after profit warning - minister

LONDON, Feb 1 (Reuters) - British officials met senior executives of outsourcing firm Capita after it issued a large profit warning, a government minister said on Thursday, as he played down comparisons with its collapsed rival Carillion .

from Reuters: New Issues News http://ift.tt/2nrlZ5E

British officials met with Capita after profit warning - minister

LONDON, Feb 1 (Reuters) - British government officials met senior executives of outsourcing firm Capita after it issued a large profit warning, a government minister said on Thursday.

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