Friday, April 28, 2017

Booming sterling market shakes off central bank exit

LONDON, April 28 (IFR) - Local and international companies

were out in force in the sterling market, helping the sector

continue its impressive run this quarter despite the Bank of

England pulling the plug on its bond buying programme.

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AIB CEO says markets in a good place for an IPO

DUBLIN, April 27 (Reuters) - Equity markets are in a good

place for Allied Irish Banks to launch an initial public

offering, Chief Executive Bernard Byrne said on Thursday.

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Thursday, April 27, 2017

UPDATE 1-Allied Irish boosts margins and capital ahead of potential IPO

* Government issues warrant to allow it profit from upside

(Adds chairman's comments on IPO, government 10-year warrant)

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UPDATE 1-Pret A Manger seeks more British baristas to balance Brexit risk

* Targets 500 stores by end of 2017

(Recasts with CEO comments, detail)

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UPDATE 1-Apax, shareholders to list Brazil's Tivit as IPO list grows

SAO PAULO, April 25 (Reuters) - British buyout firm Apax

Partners LLP and a number of Brazilian investors plan to list

information technology services provider Tivit Terceirização de

Processos, Serviços e Tecnologia SA on the São Paulo Stock

Exchange, adding to the longest list of domestic initial public

offerings in four years.

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Tuesday, April 25, 2017

Irish Fin Min says UK election won't affect AIB IPO timing

DUBLIN, April 24 (Reuters) - The British election on June 8

will not impact the timing of Irish government plans to launch

an initial public offering (IPO) of shares in state-owned Allied

Irish Banks, Ireland's Finance Minister said on Monday.

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Monday, April 24, 2017

Britain draws line under Lloyds rescue with $26 bln recovery

LONDON, April 21 (Reuters) - Taxpayers have recouped all of

the 20.3 billion pounds ($26 billion) invested in the bailout of

Lloyds Banking Group during the 2008 financial crisis,

British finance minister Philip Hammond said on Friday.

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Friday, April 21, 2017

BRIEF-Russian Railways plans to issue perpetual bonds for RUB 10-15 bln by end of 2017

* Plans to issue its first perpetual bonds in roubles for

10-15 billion roubles ($178-$266.4 million) by end of 2017,

senior vice president Vadim Mikhaylov said

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Vodacom Tanzania extends IPO deadline to woo more local investors

DAR ES SALAAM, April 19 (Reuters) - Vodacom Tanzania Plc, a

subsidiary of South Africa's Vodacom Group, has

extended the offer period for its initial public offering by

three weeks to give local investors more time to take part in

the share sale, an official from the market regulator said on

Wednesday.

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Wednesday, April 19, 2017

UPDATE 1-Santander issues 750 mln euros in perpetual bonds

MADRID, April 18 (Reuters) - Spain's Santander said

on Tuesday it had raised 750 million euros by selling perpetual

bonds which are convertible into ordinary shares if the bank's

capital cushion slips below a certain level.

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Tuesday, April 18, 2017

CORRECTED-Santander to issue up to 2 bln euros in perpetual bonds

MADRID, April 18 (Reuters) - Spain's Santander said

on Tuesday it planned to issue perpetual bonds, convertible into

ordinary shares, with a nominal value of up to 2 billion euros

($2.1 billion).

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Santander to issue up to 2 bln euros in preference shares

MADRID, April 18 (Reuters) - Spain's Santander said

on Tuesday it planned to issue preference shares convertible

into ordinary shares with a nominal value of up to 2 billion

euros ($2.1 billion).

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UPDATE 1-HSBC predicts 100 Saudi Arabian listings in privatisation drive

DUBAI, April 17 (Reuters) - Saudi Arabia's privatisation

drive is likely to result in around 100 new stock market

listings in sectors including mining, healthcare and retail, a

top HSBC executive said on Monday.

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Monday, April 17, 2017

Italian packaging firm Guala Closures preps IPO, sale -sources

FRANKFURT, April 13 (Reuters) - Private-equity held Italian

packaging firm Guala Closures is preparing a stock market

listing or sale that may value the company at more than 1

billion euros ($1.06 billion) including debt, sources close to

the matter said.

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Wednesday, April 12, 2017

Linde rejects request to vote on Praxair merger at AGM

FRANKFURT, April 11 (Reuters) - Germany's Linde

has for a second time rejected a request for a shareholder vote

at its annual general meeting next month on its planned $65

billion merger with U.S. industrial gases rival Praxair.

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Monday, April 10, 2017

Allied Irish IPO in coming weeks not yet inevitable - minister

DUBLIN, April 10 (Reuters) - It is not yet inevitable that

Ireland will launch an initial public offering of state-owned

Allied Irish Banks in the coming weeks and the

government will have to decide by the middle of May, finance

minister Michael Noonan said on Monday.

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UPDATE 3-Bain, Cinven pay up to win backing for Stada deal

* Shares jump more than 10 pct, bid exceeds expectations

(Adds earnings multiple, premium, advising banks, likely timing

of offer period)

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UPDATE 3-Deutsche Bank's $8.5 bln cash call marks end of era for cuts

* Deutsche shares down 1.8 percent

(Releads, adds CEO comments)

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Friday, April 7, 2017

Thursday, April 6, 2017

RPT-UPDATE 1-London Stock Exchange CEO accompanying British PM May in Saudi Arabia

LONDON/DUBAI, April 4 (Reuters) - London Stock Exchange's

CEO Xavier Rolet will meet Saudi officials in Riyadh as

part of a visit by British Prime Minister Theresa May, a

spokeswoman for the exchange said on Tuesday.

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Tuesday, April 4, 2017

LSE CEO taking part in Saudi Arabia visit by British PM May

LONDON/DUBAI, April 4 (Reuters) - London Stock Exchange CEO

Xavier Rolet is due to meet Saudi officials in Riyadh as part of

a visit by British Prime Minister Theresa May, a spokeswoman for

the exchange said on Tuesday.

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FTSE Russell to announce in July decision on adding Snap shares

SAN FRANCISCO, April 3 (Reuters) - Index fund provider FTSE

Russell expects to announce in July whether it will include in

its indexes shares of Snap Inc and other companies

whose share structure denies investors voting rights.

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Monday, April 3, 2017

Apax eyes IPO for investment house Psagot in Tel Aviv -source

TEL AVIV, April 3 (Reuters) - British private equity fund

Apax Partners will seek to take Israel's largest

investment house Psagot public in 2018 at a company valuation of

3.7 billion shekels ($1 billion), a financial source familiar

with the matter said on Monday.

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Shawbrook shares climb on hopes of buyout funds raising offer

* Analysts say Friday's formal 330p/share offer made to "buy

time"

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