Equity Capital Markets
A total of $8.8 billion was raised via 18 issues in the equity capital markets this week the highest weekly level since Agricultural Bank of China’s IPO in early July. Goldman Sachs now takes the reins at the top of the league table ranking with $10.9 billion, followed by China International Capital Corp on $10.0 billion and UBS on $9.8 billion.
Vodafone’s sale of a $6.6 billion stake in China Mobile was the largest deal of the week. The issue, which was led by Goldman Sachs, Morgan Stanley and UBS, marks the region’s largest overnight offering on record.
Goldman Sachs jumped a couple of notches in the ranking to secure the...