IPOs

UPDATE 3-Germany's Evonik to brave jittery IPO market

* First trading day in Frankfurt seen before summer break

New AIM listing incadea sees 5-fold growth by 2015

* Raises 13.6 million pounds at 75 pence per share through AIM placement

Regulatory News 25 May 2012

Evonik owners confirm intention to float before summer

FRANKFURT, May 25 - The owners of Evonik , the RAG foundation and private equity firm CVC, on Friday confirmed they plan to list the shares of the specialty chemicals company on the Frankfurt stock exchange.

Kenya's StanChart to raise $37 mln in rights issue

NAIROBI, May 24 - Standard Chartered Bank of Kenya will raise 3.2 billion shillings ($37.5 million) in a rights issue to fund its business expansion, the bank said on Thursday.

24 May 2012

UPDATE 1-CVC to further cut Formula One stake after IPO -sources

* Formula One to offer stapled securities with 4-4.5 pct yield-sources (Adds details on Lehman and JPMorgan, F1 securities, underwriters)

CVC to further cut F1 stake to 30 pct after IPO -sources

HONG KONG, May 24 - Private equity firm CVC Capital Partners will cut its ownership stake to about 30 percent in the Formula One motor racing business after the company's up to $3 billion IPO by selling shares on the public market, sources said on Thursday.

BRIEF-Moody's rates BHP Billiton's Euro 2.0bn Notes A1; Outlook Stable

May 24 - Moody's rates BHP Billiton's Euro 2.0bn Notes A1; Outlook Stable

24 May 2012

UPDATE 1-Ivanhoe to proceed with $1.8 bln rights offering

* Offering to be priced at a discount to current share price

New Issue-BHP Billiton prices dual tranche deal -Leads

Underlying govt bond Over Mid-swaps, equivalent to 147.1

Market Movers 23 May 2012

Ivanhoe to make $1.8 bln rights offering

May 23 - Ivanhoe Mines , an affiliate of giant mining company Rio Tinto , said on Wednesday it intends to launch a rights offering open to all its existing shareholders that would raise about $1.8 billion in proceeds.

Deals

M&A ($B)

 
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