Beauty may only be skin deep but it has provided a handsome return for a trio of vendors in Swiss skincare specialist Galderma, increasing by another SFr2.09bn (US$2.59bn) on Monday.

China is considering introducing a minimum market capitalisation requirement for domestic issuers that are planning to list in Hong Kong, after a growing number of Shanghai and Shenzhen-listed companies announced such plans, according to people with knowledge of the matter.

LG Electronics India has restarted work on a smaller US$1bn–$1.5bn IPO and will start meeting investors as early as next week,  people with knowledge of the transaction said. 

Spanish utility Iberdrola raised €5bn on Wednesday in its first equity issue since 2009 and the largest accelerated bookbuild in the EMEA region since Santander's €7.5bn capital increase in January 2015.