China Youran Dairy Group raised $643 million in its Hong Kong initial public offering (IPO) by pricing its shares at the bottom of an indicated price range at HK$6.98 each, according to two sources with direct knowledge of the matter.
Proceeds to pay debts of parent Del Monte Pacific IPO is set to be launched in the third quarter-source Philippines gears up for blockbuster year of IPOs (Recasts with details on IPO, quotes)
MANILA, April 28 (Reuters) - Del Monte Philippines Inc filed for an IPO that could raise up to 44.1 billion pesos ($910 million), marking potentially the second-largest share offering in a market that is gearing up for a blockbuster year for listings.
Del Monte’s shareholders Del Monte Pacific and SEA Diner, are seeking to sell up to 804.23 million shares, including an over-allotment option of 15%, it said in a registration statement filed with the corporate regulator on Wednesday.
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LONDON, April 23 (Reuters) - Spanish fund distribution firm Allfunds’ shares jumped more than 10% on their Amsterdam debut, in a boost to an IPO market dented by last month’s disastrous Deliveroo listing.
Allfunds is among the biggest IPOs in Europe this year so far, along with the completed listings of Deliveroo and Vantage Towers, Vodafone’s towers business.
Friday’s listing is a big win for Amsterdam, which has emerged as an early beneficiary after Brexit dented London’s spot as the IPO venue of choice for European companies.
At 0715 GMT, Allfunds’ stock was up 12.8% at 12.97 euros on Euronext, having briefly risen above 13 euros. The surge in Allfunds shares came in an otherwise flat market, with the pan-European STOXX 600 index losing 0.1%.