LIG Nex1 triggers IPO as Korea tensions ebb

LIG Nex1 triggers IPO as Korea tensions ebb

Controlling shareholder LG Corporation agreed to take the Korean defence contractor public when it sold a 49% stake to PE investors in 2013.
Commodites trader Olam on the look out for battered commodity assets as it raises funds from strategic Mitsubishi stake sale.
Sanjeev Kumar, previously head of coverage Asia Pacific at RBS will be joining Bank of Tokyo Mitsubishi UFJ.
HDFC takes home top honours at FinanceAsia's awards dinner at the Ritz Carlton in Hong Kong.
China's Dalian Wanda has acquired Florida-based World Triathlon, owner of the Ironman brand, as part of an aggressive overseas diversification push.
Bank of China (Hong Kong)'s sale of Nanyang Commercial Bank attracted only one bidder while Tesco's sale of Homeplus is still in the works.

POLLS

How will the renminbi devaluation most affect corporate finance activity over the next six months?





   |   View results
Less demand for equity and debt issues as investors flee to to other markets
  48%
 
Chinese companies seal fewer mergers and acquisitions as their purchasing power falls
  4%
 
Fewer Chinese companies issue US dollar debt as the renminbi remains weak
  22%
 
More Chinese companies turn to onshore bond markets
  13%
 
There won’t be much impact
  13%

 

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