cars

Brilliance China is seeking a separate listing of its engine unit, while Hopewell says it plans to spin off its Hong Kong property business.

The deal comes at a 3.7% discount and follows a bounce in the Korean automaker's share price amid hopes further work stoppages may be avoided.

The BMW dealer now aims to raise $215 million and is believed to have secured enough demand to drag the offering across the line, even as Oman Investment Fund pulls out as a cornerstone investor.

CVC Capital Partners reduces its stake in the company behind the Formula One race series through another negotiated placement and cancels plans for a Singapore IPO at this time.

The company decides to hold off on launching the institutional roadshow as global equity markets continue to tumble, making investors extremely risk averse.

Bankers start pre-marketing for Yitai Coal and renewable energy company Huadian Fuxin, but Yongda is forced to cancel its $306 million IPO as markets falter.

The Chinese BMW dealership postpones pricing by three days in an attempt to salvage the $306 million deal amid weak demand. Terms remain unchanged.

BMW dealer Yongda Auto is aiming to raise at least $306 million, while copper producer China Nonferrous Mining is seeking at least $235 million from the first listing of Africa-based mining assets in Hong Kong.

Samvardhana Motherson Finance calls off its $313 million IPO after poor sentiment towards India and concerns about new tax regulations leave the deal only 0.2 times covered.