Taku Dzimwasha

1 month ago | ionanalytics.com | Taku Dzimwasha |Aurelia Seidlhofer |Raj Saiya |Lloyd Vassell

After Germany’s recent federal election provided clarity on the political landscape, equity markets have gained a level of certainty. In 2025, ECM volumes have been understandably muted due to the elections, standing at USD 3.2bn as of 6 March 2025, down from USD 3.48bn over the same period last year. Despite the slow start, the sentiment in the country has picked up following the election of a new government, an ECM banker in the region said.

1 month ago | ionanalytics.com | Taku Dzimwasha |Raj Saiya |Lloyd Vassell

Abu Dhabi National Oil Company’s (ADNOC) AED 10.4bn (USD 2.84bn) block trade in ADNOC Gas plc [ADX: ADNOCGAS], marked a significant milestone in the development of Middle Eastern equity capital markets. The sale of 3.1 billion ordinary shares by the state-owned oil company in the gas firm was the largest accelerated bookbuild (ABB) block trade in the region, according to Dealogic.

2 months ago | ionanalytics.com | Taku Dzimwasha |Raj Saiya |Lucy Chapman

Data Insight Sector’s defensive nature attracts investors amid market volatilityFollow-ons to drive healthcare ECM volumes, with Haleon and Galderma stake sales expectedHealthcare ECM volumes in EMEA reached their highest levels in a decade last year, with the IPO of Galderma Group AG [SIX:GALD] and subsequent stake sales in the firm, along with selldowns in Haleon [LON:HLN], lifting deal volumes to USD 23.1bn in 2024, according to Dealogic data.

2 months ago | ionanalytics.com | Taku Dzimwasha |Sam Kerr |Raj Saiya |Lloyd Vassell

Two new issues have breathed life into the equity-linked market in Europe, the Middle East, and Africa (EMEA). The market had been sluggish due to subdued corporate financing demands, which has led to a lack of issuance of equity-linked bonds (debt instruments with an embedded share option).

2 months ago | ionanalytics.com | Sam Kerr |Taku Dzimwasha |Lloyd Vassell

The unpredictability of new US President Donald Trump is causing some investors to seek safety in defensive European equity names, market participants told ECM Pulse. Although investors are being careful to avoid companies that could suffer from global trade tensions, names like HBX Group and Stada could benefit from a defensive stance. In Europe’s largest listing of the year so far, sponsor-owned Spanish travel technology platform HBX Group is set to close IPO books today (10 February).