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United Kingdom

IPOs

Zimbabwe's Simbisa seeks AIM listing, foreign acquisition

HARARE, July 24 Zimbabwe's largest fast-food restaurant operator, Simbisa Brands, plans a secondary listing on the London Stock Exchange's junior market to raise capital to expand and for a potential foreign acquisition, it said on Monday.

PRESS DIGEST- British Business - July 24

July 24 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Regulatory News, 1:04am BST

UPDATE 1-Dubai Aerospace raises $2.3 bln in bonds for AWAS deal

DUBAI, July 23 Dubai Aerospace Enterprise (DAE) has priced $2.3 billion in senior bonds split across three tranches, the company said on Sunday.

Tissue Regenix raises 40 mln stg to buy U.S. regenerative medicine firm

LONDON, July 21 Tissue Regenix said on Friday it had raised 40 million pounds ($52 million) by selling new shares to buy CellRight Technologies, a U.S regenerative medicine company that specialises in spine surgery and orthopaedics.

Regulatory News, M&A 21 Jul 2017

UPDATE 3-BP mulling IPO of U.S. Midwest and Gulf Coast pipeline assets

July 18 BP Plc is considering an initial public offering of its vast U.S. Midwest and Gulf Coast pipeline assets, the company said on Tuesday, a move that would raise cash.

Regulatory News 19 Jul 2017

Dana Gas to lift UAE sukuk injunction to comply with London court -source

DUBAI, July 18 Dana Gas will lift an injunction it obtained in a United Arab Emirates court protecting it against claims on $700 million of Islamic bonds to comply with a London court order, a source with knowledge of the matter told Reuters.

18 Jul 2017

India's HDFC Life revives IPO plan as Max Life deal struggles

MUMBAI, July 17 India's HDFC Standard Life Insurance Co Ltd said on Monday it had revived a planned initial public offering, as it struggles to get regulatory approval to buy smaller rival Max Life.

M&A 17 Jul 2017

UPDATE 2-Centrica merges oil business with Bayerngas to tap younger fields

* Centrica to pay 340 mln pounds out to 2022 for decommissioning

M&A 17 Jul 2017

New UK listing rules set to attract state companies beyond Aramco

* FCA proposed listing category tailored for state-owned firms

UAE's Dana Gas describes UK court decisions on sukuk as favourable

DUBAI, July 16 Abu Dhabi-listed Dana Gas described decisions by the High Court of Justice in London as favourable, as the company seeks to restructure $700 million of outstanding sukuk on the grounds that the instruments have become unlawful in the UAE.

16 Jul 2017