Robert Venes is assistant editor of equities and structured equity at IFR. Robert joined IFR in late 2009 from sister title Acquisitions Monthly, where he focused on private equity transactions and fundraisings. He was previously associate editor at Private Equity International and, before that, editor of Venturedome.
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National Australia Bank breathed life into Europe’s 2016 IPO market last week, floating Clydesdale and Yorkshire Banking Group with a market capitalisation of £1.583bn. CMC Markets followed a couple of days later, with four more European pricings due this week.
Defence company Chemring plans to raise £80.8m through a rights issue in the hope that the breathing space it provides will allow it to cut costs and capture some growth. The company’s debt load spiralled as global defence spending fell following the withdrawal of US troops from Iraq and Afghanist
Everyone battled volatility in 2015. ABN AMRO also faced a looming IPO. For running one of the year’s deepest and most diverse funding programmes in tandem with that process, ABN AMRO is IFR’s Issuer and Financial Issuer of the Year.