Edition:
United Kingdom

IPOs

UK food delivery firm Deliveroo raises $385 million for expansion

LONDON, Sept 24 British takeaway food delivery firm Deliveroo has raised $385 million in new funding, the firm said in a statement on Sunday which set out that the money would help establish operations in new areas of the country and overseas.

UPDATE 1-London Dana Gas sukuk trial to go ahead despite UAE injunction -judge

* UAE injunction bars Dana Gas from participating (Adds details, background)

22 Sep 2017

Nigeria's Union Bank starts 50 bln naira share sale

LAGOS, Sept 20 Nigeria's Union Bank has begun a share sale to existing shareholders to raise 50 billion naira ($159.24 mln) after it received regulatory approval, the bank said on Wednesday.

Global Market Data 20 Sep 2017

UPDATE 1-Judge tells Dana Gas London trial could go ahead without it

LONDON, Sept 19 A High Court judge called on Tuesday on Dana Gas and its creditors to agree on a way for a trial seen as shaping the future of Islamic finance to proceed and said he might complete it regardless of whether all parties were present.

Regulatory News, Bonds 19 Sep 2017

Dana Gas sukuk UK trial adjourned until Thursday after injunction

LONDON, Sept 19 A London High Court judge on Tuesday adjourned until Thursday a trial on the validity of a sukuk, or Islamic bond, issued by UAE company Dana Gas in a case with implications for the global Islamic finance industry.

19 Sep 2017

UPDATE 1-South Africa's Steinhoff African unit prices IPO at 20.50 rand

JOHANNESBURG, Sept 15 South Africa's Steinhoff priced the initial public offering (IPO) of its African unit at 20.50 rand on Friday, the middle of the marketed range and valuing the business at about 71 billion rand ($5.40 billion).

15 Sep 2017

BRIEF-Unilever issues bonds amounting to 250 million pounds

* UNILEVER NV ISSUES BONDS AMOUNTING TO GBP 250 MILLION, THAT WILL BE LISTED ON EURONEXT AMSTERDAM AS OF SEPT. 15 - EURONEXT

14 Sep 2017

BRIEF-Transcontainer to spin off tank-container transportation business

* SAYS APPROVES TO SPIN OFF COMPANY'S TANK-CONTAINER TRANSPORTATION BUSINESS INTO A WHOLLY OWNED SUBSIDIARY

14 Sep 2017

Barclays wins end to U.S. litigation over pre-crisis disclosures

NEW YORK, Sept 13 Barclays Plc won the dismissal on Wednesday of U.S. class-action litigation by investors who bought its stock just months before the 2008 global financial crisis, and accused it of concealing its exposure to risky debt and an inability to manage credit risks.

Bonds, Regulatory News 14 Sep 2017

British motor insurer Sabre to pursue $800 mln listing - sources

LONDON, Sept 12 British motor insurer Sabre is planning an initial public offering (IPO) that could value it at 600 million pounds ($800 million) after failing to find a buyer, sources with knowledge of the matter said.