How Wellcome and Gates charities profit from helping biotech

LONDON, May 30 (Reuters) - The Wellcome Trust medical

charity is to profit from U.S. approval of a new diagnostic

cancer test, the first commercial product funded by the

organisation since the sale of its pharmaceuticals business to

Glaxo in 1995.

Read more

Lloyds bank shares reach break-even point for UK government sale

LONDON, May 25 (Reuters) - Shares in Britain's state-backed

Lloyds Banking Group rose above the level the government paid

for them for the first time in 5 months on Wednesday, raising

speculation the state will sell off stock to repay taxpayers who

funded a bailout eight years ago.

Read more

UPDATE 3-Russia raises $1.75 bln in first Eurobond since sanctions imposed

* Sanctions uncertainty put off some big players

(Adds finance minister's statement, analysts' quotes)

Read more

UPDATE 1-UK waste manager Shanks considers bid for Van Gansewinkel

May 24 (Reuters) - Britain's Shanks Group Plc is

considering a bid for Van Gansewinkel Groep BV, Benelux's

largest waste management company, for an undisclosed sum, the

companies said.

Read more

UPDATE 2-HSBC brushes off Brexit noise to market US dollar AT1

LONDON, May 24 (IFR) - HSBC is marketing a US dollar

Additional Tier 1 deal, the first from a UK bank this year and

with the UK's EU referendum less than a month away.

Read more

UPDATE 1-Czech unions join investors to bid for insolvent NWR arm

PRAGUE, May 23 (Reuters) - Czech miners' unions have teamed

up with lignite mine owner Pavel Tykac and another investor to

make on offer for New World Resources'

insolvent mining subsidiary OKD, the unions said on Monday.

Read more

HSBC starts marketing US dollar AT1

LONDON, May 24 (IFR) - HSBC has started marketing a US

dollar perpetual non-call five Additional Tier 1 bond, according

to the bank.

Read more

Amsterdam IPO market gains as London holds breath for Brexit vote

LONDON/AMSTERDAM, May 20 (Reuters) - A slowdown in company

listings in London due to uncertainty around the upcoming Brexit

referendum could be helping European rival Amsterdam's stock

market, which has seen a rise in activity this year.

Read more

Ryanair concentrating on cash, could be debt free by 2023-CFO

DUBLIN, May 19 (Reuters) - Ryanair plans to finance itself

through cash generation in the coming months and if it continues

to do so, could be debt free by 2023 when 1.7 billion euros

($1.90 billion) of recent debut bond issuance matures, its

finance chief said on Thursday.

Read more

BP taps debt market to raise 400 mln pounds in convertibles

LONDON, May 19 (Reuters) - BP intends to raise 400

million pounds ($583 million) by issuing cash-settled

convertible bonds, it said on Thursday.

Read more

UPDATE 1-Basic-Fit plans Amsterdam IPO to bulk up in Europe

AMSTERDAM, May 17 (Reuters) - Dutch gym chain Basic-Fit,

which has more than 1 million members across Europe, plans to

list nearly half of its shares on the stock market in an initial

public offering which could value the company at around 1

billion euros ($1.1 billion).

Read more

UPDATE 1-3i reports robust results, says Brexit uncertainty to dampen M&A activity

LONDON, May 19 (Reuters) - British private equity firm 3i

Group Plc on Thursday reported a 17 percent increase in

its net asset value year-on-year to 4.5 billion pounds ($6.56

billion) and said uncertainty over Britain's referendum on the

European Union would hit M&A activity and investment.

Read more

REFILE-UPDATE 1-Goldman tries to drum up leveraged finance business as trading, stock sales slow

May 12 (Reuters) - Goldman Sachs Group Inc is hosting

its first ever leveraged finance conference next week as the

Wall Street bank tries to strengthen its position in debt

underwriting and looks for new avenues of growth.

Read more

Goldman tries to drum up leveraged finance business as trading, stock sales slow

May 12 (Reuters) - Goldman Sachs Group Inc is hosting

its first ever leveraged finance conference next week as the

Wall Street bank looks to strengthen its position in debt

underwriting, where it has traditionally been weak.

Read more

UPDATE 1-Scottish prosecutors drop RBS rights issue case

LONDON, May 12 (Reuters) - Scotland's public prosecutor said

on Thursday there was insufficient evidence to prosecute Royal

Bank of Scotland or its directors over a 12 billion

pound cash call on the eve of its near-collapse in 2008.

Read more

MOVES-KPMG hires for German ECM

May 11 (IFR) - KPMG is making progress in building out its

equity advisory platform with the hire this week of Sebastian

Oechelhaeuser. He joins from Barclays and will be based in

Frankfurt, where three juniors are already in place.

Read more

Debt-hungry China Inc fuels local banks' takeover of Asia league tables

HONG KONG, May 11 (Reuters) - Chinese banks have for the

first time claimed the top spots for Asian bond market

underwriting, on the back of a booming local corporate bond

market and increased funding needs of companies in the world's

second-largest economy.

Read more

Saudi Aramco says in final stages of preparing IPO options

DHAHRAN, May 10 (Reuters) - Saudi Aramco is in the final

statges of preparing options for its initial public offer of

shares before presenting the options soon to its Supreme Council

for consideration, chief executive Amin Nasser said on Tuesday.

Read more

BRIEF-Opera abandons deal to buy SoloPower

* Termination of heads of terms agreement regarding

potential acquisition of solopower systems holdings, inc.

Read more

Barclays raises $876 million from African business share sale

LONDON, May 5 (Reuters) - Barclays said on Thursday

it had raised 603 million pounds ($875.50 million) from the sale

of a 12.2 percent stake in Barclays Africa Group,

boosting its key capital ratio by 10 basis points.

Read more

BRIEF-Barclays raises 603 mln stg in Barclays Africa share sale

* Raises aggregate gross sale proceeds of approximately zar

13,053 million (£603 million)

Read more

UPDATE 1-Barclays begins offloading Africa business with 12 pct stake sale

* PIC not part of a consortium looking at BAG stake -source

(Recasts with Barclays selling 12 pct stake )

Read more

Barclays says to sell 12 pct stake in African business

LONDON, May 4 (Reuters) - Barclays said on

Wednesday it is selling shares representing 12 percent of

Barclays Africa Group, as the British bank follows

through on plans announced in March to sell down its stake in

its African business.

Read more

UPDATE 1-Deutsche Boerse to keep Frankfurt focus after LSE merger - CEO

* CEO predicts Frankfurt IPOs in wake of LSE merger

(Updates with pledge to keep some key ops in Frankfurt, adds

CEO quote and background)

Read more

Deutsche Boerse, LSE merger may spark Frankfurt IPOs - CEO

FRANKFURT, May 3 (Reuters) - Germany's Deutsche Boerse

expects a growing number of listings on the Frankfurt

stock exchange in the wake of its planned $30 billion merger

with LSE Group, its chief executive said.

Read more

HSBC plans "busy" 3 years of bond sales as TLAC looms

LONDON, May 3 (IFR) - HSBC said it expects to be "pretty

busy" every quarter for the next three years as it faces having

to issue up to US$70bn of debt to meet new capital adequacy

regulations.

Read more

Vodafone India mandates for up to US$3bn IPO

April 29 (IFR) - UK telecom giant Vodafone has

mandated Bank of America Merrill Lynch, Kotak and UBS as joint

global coordinators for the IPO of its Indian unit, according to

two sources.

Read more