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United Kingdom

IPOs

Carige set to sign share issue underwriting accord Friday or over weekend - source

MILAN, Nov 17 Italy's Banca Carige is set to sign an underwriting accord with banks for its share issue on Friday or over the weekend, a source close to the matter said, paving the way for the launch of a capital raise needed to safeguard its future.

UPDATE 4-Italy's Carige struggling with cash call as ECB deadline looms

* Failed to sign underwriting accord with CS, Deutsche, Barclays

M&A 16 Nov 2017

UPDATE 2-Cabot Credit Management latest victim of London IPO market, Bakkavor trades up

LONDON, Nov 16 Britain's biggest debt collector Cabot Credit Management abandoned its plan on Thursday for an initial public offering (IPO), the latest in a string of companies to ditch attempts to list on the London Stock Exchange.

M&A 16 Nov 2017

Russian retailer Magnit to raise around $700 mln via share sale

MOSCOW, Nov 15 Russian food retailer Magnit has launched a two-step equity fundraising deal aiming to raise around $700 million to fund its expansion.

M&A, Global Market Data 15 Nov 2017

UPDATE 1-Old Mutual wealth unit IPO on track for 2018; no decision on OMGI

LONDON, Nov 15 Anglo-South African insurer Old Mutual said on Wednesday it was on course to list its wealth unit in 2018 and announced a series of planned changes to the brand.

15 Nov 2017

BRIEF-Russia's Magnit says Lavreno sold shares at 6,185 roubles

* Shareholder Lavreno Limited sold 7,100,000 shares at 6,185 roubles ($102.56) apiece through an accelerated bookbuild;

Global Market Data 15 Nov 2017

UPDATE 2-Shell sells out of Woodside Petroleum for $2.7 bln

* Shell now at $25 bln of $30 bln asset sale target (Recasts with full stake sale, adds analyst comment)

Regulatory News 13 Nov 2017

Shell to sell part of its stake in Woodside Petroleum for $1.7 bln

Nov 13 Royal Dutch Shell said on Monday it was selling part of its stake in Woodside Petroleum Ltd to equity investors for about $1.7 billion.

13 Nov 2017

Deutsche Bank picks asset-management IPO bookrunners -source

FRANKFURT, Nov 11 Deutsche Bank has selected Barclays, Citigroup and Credit Suisse as senior bookrunners for the initial public offering (IPO) of its asset-management arm, a source familiar with the matter told Reuters on Saturday.

Bonds, Regulatory News 11 Nov 2017

Botswana coal miner Minergy plans UK listing for 2018

LONDON, Nov 10 Botswana coal producer Minergy plans to list in London next year to give it access to a pool of capital that it could tap at a later date to fund its expansion, it said on Friday.

10 Nov 2017