Bohai Bank bags $1.78bn from Hong Kong IPO
China Bohai Bank has priced its Hong Kong listing just off the floor of the marketed range to raise HK$13.8bn ($1.78bn).
China Bohai Bank has priced its Hong Kong listing just off the floor of the marketed range to raise HK$13.8bn ($1.78bn).
Chinese issuers continued to bombard the dollar bond market on Thursday. Hangzhou Financial Investment Group Co, Yankuang Group Co and ZhongAn Online P&C Insurance were among those that sold deals.
Thai oil and gas company PTT Public Co sold the first 50 year bond from an Asian corporation on Thursday, raising $700m from a tightly-priced deal.
In this round-up, the latest cluster of Covid-19 in Beijing city comes to an end, the US imposes sanctions on four Chinese officials and Mainland-based social media apps are faced with more pressure.
In this round-up, Credit Suisse is reportedly seeking a bigger share in its onshore securities joint venture, Weibo’s parent Sina Corp considers delisting from Nasdaq after two decades and the former head of China’s securities
Beech charcoal and natural additives producer ProFagus, a portfolio company of Borromin Capital, has completed a refinancing with a debt package from H&A Global Investment Management.
Switzerland-based baby food producer Yamo has raised a €10.1m series-A round backed by new investors Five Seasons Ventures, Swiss Entrepreneurs Fund, Müller Ventures, Polytech Ventures, BackBone Ventures and Fundament.
ETF Partners has closed its third-generation Environmental Technologies Fund on £167m.
HIG Capital has launched HIG European Capital Partners III, dedicated to investment opportunities across Europe, Unquote has learned.
Finnish mobile games studio Traplight has raised €8m in a funding round led by EQT Ventures.
Investment banking specialist Equita has acquired a 70% stake in Italian corporate finance boutique K Finance.
This is the first fund raised since Blackstone acquired biomedical investment firm Clarus Ventures in November 2018
MLM Medical Labs, a German portfolio company of Green Point Partners, has acquired US-based CirQuest Labs as part of its international expansion strategy.
Spanish private equity firm Moira Capital Partners has backed Goi, a logistics operator which specialises in the transport, delivery, assembly and installation of household goods and furniture.
Pictet Alternative Advisors has closed its fifth-generation fund-of-funds, Monte Rosa V, on $1.164bn.
Venture capital house P101 has led a €3.5m seed round for Soplaya, an Italian startup that offers an online marketplace for food producers and restaurants.
Finnish database software firm MariaDB Corporation has raised $25m in an additional series-C round led by SmartFin Capital.
Carlyle co-founder David Rubenstein believes the US is set for a long recession in the wake of the Covid-19 pandemic - and that business must be ready for a very different economy when it opens
Mercia Asset Management has sold The Native Antigen Company, a medical research company, to LGC, a portfolio company of Astorg and Cinven, for £18m.
US and Asia-based early stage investor DCM Ventures has closed its biggest family of funds to date by hauling in $880m across a pair of new vehicles. The committed capital includes $780m for DCM IX, its