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A Sfr1.1bn jumbo block trade in Barry Callebaut, the Swiss chocolate maker, by Jacobs Holding, has attracted strong demand from investors eager to add defensive exposures to their portfolios.
The IPO of PolyPeptide Group, the Swiss pharmaceutical ingredients company, is set to be priced at Sfr64, above the midpoint of the initial Sfr57 to Sfr68 range, according to sources close to the deal.
By Aidan Gregory 11.00 AM TechnipFMC has completed the first placing of Technip Energies stock since its spinoff on the Paris bourse in February, boosting the freefloat of the company. The €277m share sale was heavily oversubscribed, with almost 100 lines in the book, according to a source close to the deal. At €11.10 a share, investors received a 7.1% discount to the closing price of the stock on Monday evening. “We had a very good wallcrossing ... Already a subscriber? Login
Solidium, the organisation that manages the investments of the Finnish government, has reduced its stake in SSAB after the steel maker reported a strong set of first quarter earnings.
Solidium, the organisation that manages the investments of the Finnish government, has reduced its stake in SSAB after the steel maker reported a strong set of first quarter earnings.