telecoms

Infrastructure fund chooses advantageous moment to formally launch one of Thailand's largest IPOs, with investors looking for yield plays as deflationary expectations gain ground.

An undisclosed shareholder has raised $180 million from an accelerated placement in the Hong Kong telecoms company.

The cellular operator completes India's largest ever private sector corporate equity deal in rupee terms amid a growing rapprochement between the Ambani brothers.

Companies from Norway and Qatar win licences that were expected to go to SingTel and a George Soros-backed bid from Digicel.

The Hong Kong-listed telecom services provider seeks to raise at least $235 million from the fully-underwritten deal.

Philippine conglomerate GT Capital and its controlling shareholder sell $350 million worth of shares, while a Temasek-controlled entity raises $685 million from its third sell-down in Thailand’s Shin Corp.

Both trades are large for their respective markets with Temasek raising $1.04 billion and GE Capital pocketing $466 million from the sale of a portion of its holdings in Bank of Ayudhya.

The heavily anchored deal will increase the free-float in the Indonesian mobile operator to just under 30%.

After completion of the deal, which was enlarged from the original base size of $100 million, BT says it may consider further sales in the future.