
IPOs
Big deal: Huuuge hopes to make splash with Warsaw IPO
Huuuge, the Polish social and mobile gambling company, revealed on Monday that it is seeking to list on the Warsaw stock exchange.
Huuuge, the Polish social and mobile gambling company, revealed on Monday that it is seeking to list on the Warsaw stock exchange.
Supreme plc, the Manchester-based maker of vaping liquids for e-cigarettes, is preparing to go public on London’s alternative investment market (AIM).
European investors have become a rich source of equity capital for the continent’s consumer facing, fast growing tech firms over the last few years, providing them with an alternative to listing in the US.
Two more trades on Thursday night crowned off a busy week for block trading in London, fuelled by a rally of UK equities since the start of the year after the country secured a trade deal with the European Union at the end of 2020.
A €534m block in Energias de Portugal, the Portuguese utility company, flew off the shelves on Thursday night driven by investor demand for stocks exposed to renewable energy.
Investors flocked to the first block trade in The Hut Group (THG), the UK e-commerce company that was listed on the London Stock Exchange in September, in an overnight trade on Wednesday evening.
Shop Apotheke, the European online pharmacy, is seeking to tap the convertible bond market for financing once again following a large surge in revenues during the pandemic.
InPost, the Polish provider of postal lockers, has launched an IPO on the Amsterdam stock exchange, seeking to build on the momentum of compatriot e-commerce companies in equity capital markets, as exemplified by Allegro's IPO last year.
AUTO1, one of Europe’s largest digital marketplaces for the sale of second hand cars, has joined the continent’s burgeoning IPO pipeline.
US private equity group KKR has cut the size of its stake in ProSiebenSat.1 Media, the German media company, raising €148.50m.
Moonpig, the UK online cards and gifts company, has published a registration document to list on the London Stock Exchange.
The billionaire Arora brothers have sold £218m ($298m) of shares in B&M European Value Retail, the UK budget retail chain, through an auctioned block trade.
A €292.5m sale of shares in Italian cable maker Prysmian was well received by investors on Monday evening allowing Tamburi Investment Partners to sell most of its stake in the company.
Apollo Global Management has continued to selldown its stake in Watches of Switzerland, the UK luxury watch retailer, following a strong rally in the stock since its IPO on the London Stock Exchange in May 2019.
The Association of Brazil’s Indigenous Peoples has written an open letter to BlackRock’s CEO Larry Fink, who is expected to publish his annual letter to stakeholders this week.
Dr Martens, the manufacturer of boots and shoes, filed initial paperwork for a flotation on the London Stock Exchange on Monday.
Supreme plc, the Manchester-based maker of vaping liquids for e-cigarettes, is preparing to go public on London’s alternative investment market (AIM).
Two more trades on Thursday night crowned off a busy week for block trading in London, fuelled by a rally of UK equities since the start of the year after the country secured a trade deal with the European Union at the end of 2020.
Bankers are betting on a strong year for the UK — Europe’s biggest fee pool — but the overlapping concerns of Brexit, Covid-19 and regulation make for an uncertain outlook, writes David Rothnie.
Leading US financial institutions were quick to condemn the shocking attacks on the US Capitol on Wednesday — a sign that they are willing to take positions on important social issues, in line with the industry’s eagerness to align with good environmental, social and governance standards.
Many EU companies could do with capital beyond bog standard debt, according to the Association for Financial Markets in Europe (Afme). The trade body, in a report it produced alongside PwC, suggests encouraging the use of equity-adjacent products to fill balance sheet gaps from the coronavirus crisis.
Alchip Technologies, a Taiwanese semiconductor manufacturer, has raised $195.5m after increasing a placement of global depository shares (GDS).
SMBC Nikko wants to grow its capital markets and advisory business in EMEA, which is smaller than its parent’s heft in the loan market. It has hired Anthony Bryson, a former NatWest Markets and BNP Paribas banker, to lead the push.