NEW YORK/SYDNEY Ping An Insurance Co's OneConnect Financial Technology said on Thursday it raised around $312 million in its U.S. initial public offering, valuing the company at around $3.7 billion.
SYDNEY/HONG KONG Citigroup Inc and Credit Suisse Group AG have dropped out of the U.S. initial public offering of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said.
SYDNEY/HONG KONG, Dec 12 Citigroup and
Credit Suisse have dropped out of the U.S. initial
public offering (IPO) of Chinese shared workspace provider
Ucommune, baulking at its desired valuation, two people with
direct knowledge of the matter said.
SYDNEY Westpac Banking Corp on Thursday became the biggest Australian company to have shareholders vote down its executive pay for a second year, at a marathon annual meeting dominated by investor outrage over a child exploitation payments scandal.
Tyro Payments delivered a rare win for Australian initial public offering (IPO) investors on Friday, with the electronic payment firm's shares surging 35% on debut, bucking a recent trend of company floats being shelved.
WELLINGTON/HONG KONG Australia's major banks shrugged off concerns about further weakness in dividend payout ratios and earnings downgrades after New Zealand announced tougher capital requirements on Thursday.
HONG KONG, Dec 4 China Merchants Commercial real
estate investment trust (REIT) has raised $327.2 million in a
public offering in Hong Kong, after pricing the deal at HK$3.42,
said two people with knowledge of the matter.
* Has had a better reception than other recent IPOs in
SINGAPORE Thai billionaire Charoen Sirivadhanabhakdi's Thai Beverage is planning to spin off some regional beer assets in an initial public offering (IPO) that could raise as much as $3 billion, sources close to the matter said.