Deals analysis

  • VIEs remain an issue for Chinese tech IPOs

    13 November 2013

    Chinese technology IPOs have made a successful return to the US markets. But it seems that investors have forgotten about their risky variable interest entity structures

  • Maxcom restructure and tender offer explained

    07 November 2013

    Maxcom Telecomunicaciones’ simultaneous restructure and tender offer has allowed it to take advantage of regulatory changes that will open up Mexico's telecom market

  • What Hyundai Rotem means for the Korean IPO market

    05 November 2013

    The $587 million IPO of Hyundai Rotem was the largest IPO in Korea since 2010 and marked a move away from two-tranche Korean offerings

  • Grupo Lala's rare spinoff sets LatAm IPO precedent

    31 October 2013

    The October 16 initial public offering of Mexican dairy company Grupo Lala represented the country’s largest such offering this year. Its rare spin-off structure could set a precedent for other would-be LatAm listcos looking to raise their valuation

  • Rare HK Reit IPO analysed

    07 August 2013

    New Century Reit’s IPO is the first in Hong Kong since the 2011 listing of Hua Xian Reit

  • The IPO that clarifies Singapore’s mineral, O&G listing rules

    24 July 2013

    KrisEnergy’s IPO sets the standard for other companies with Southeast Asian mineral, oil and gas assets looking to list on the Singapore Exchange

  • ChinaCo take-private placeholder loan first

    18 July 2013

    Feihe International’s recent take-private was the first to include a placeholder loan, and is an example for the growing number of small US-listed ChinaCos going private

  • Focus Media take-private explained

    04 July 2013

    Focus Media was the biggest US-listed ChinaCo take-private and the biggest China LBO. Its heavily-negotiated documents will set a template for smaller take-privates

News analysis

  • Sebi must clarify new foreign listing rules

    18 December 2013

    India’s new rules allowing local companies without a domestic listing to list overseas have generated excitement, but market participants believe that more clarity is needed

  • German ruling creates new public M&A options

    20 November 2013

    A recent judgment by Germany’s Federal Supreme Court that makes it easier for public companies to delist is tipped to facilitate take-privates and spur new public takeover tactics

  • REVEALED: EMEA’s new model block trade agreements

    23 October 2013

    The Association for Financial Markets in Europe has launched the region’s first model placing agreements for block transactions. The standards aim to streamline trades across EMEA and into the US

  • EXCLUSIVE: Thai exchange's international ambitions revealed

    21 August 2013

    The Stock Exchange of Thailand is set to increase its profile both within Asia and around the world. Its head of corporate strategy spoke to IFLR about its international plans

  • Funds irked by general solicitation backpedal

    18 July 2013

    Reporting requirements to be imposed on private funds looking to take advantage of their new marketing rights negate some of the benefits of last week’s general solicitation changes

  • Paul Gillis: VIEs no longer viable

    18 July 2013

    The legality of variable interest entities (VIEs) in China is even more uncertain following unfavourable rulings in China’s highest court and a tribunal of the Chinese International Economic and Trade Arbitration Commission Shanghai

  • EXCLUSIVE: Borsa Istanbul CEO on strategic partnership

    03 July 2013

    Borsa Istanbul has named OMX Nasdaq as its strategic partner. Speaking exclusively with IFLR, the Turkish exchange’s CEO, Dr Ibrahim M Turhan, shared his hopes for the tie-up