The medical technology company Asker Healthcare Group began trading on Nasdaq Stockholm today, March 27. The share is traded under the ticker ASKER on the Largecap segment.The offering comprised just over 126 million shares, of which 21 million were newly issued, and provides the company with SEK 1.5 billion before transaction costs. The capital will mainly be used for refinancing and future acquisitions. The offer was oversubscribed several times.More than 20,000 new shareholders will be added, and the largest investors include Alecta, SEB, Handelsbanken Fonder and Swedbank Robur. Assuming that the over-allotment option is exercised in full, the total offering…
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By Shankar Ramakrishnan and Anirban Sen NEW YORK (Reuters) – The pipeline for U.S. high-grade corporate bond issuance to fund mergers has fallen to the lowest levels in five years as President Donald Trump’s trade war deters deals, in what could be a boon for borrowers but a challenge for banks and investors. Wall Street had expected the Trump administration’s policies such as deregulation and tax cuts to fuel a resurgence in deal activity and add $250 billion to $300 billion of investment-grade bonds to fund it this year, up from $179 billion in 2024, according to interviews with six…
Thai rescue workers arrive on scene at a construction building collapse in the Chatuchak area following an earthquake on March 28, 2025 in Bangkok, Thailand. Lauren Decicca | Getty Images News | Getty ImagesBangkok’s governor declared the Thai capital a “disaster area” on Friday, after a powerful earthquake in Myanmar created tremors which caused buildings to sway dramatically and one skyscraper under construction to collapse.At least three people were reported dead by Bangkok Governor Chadchart Sittipunt, according to Reuters. In Myanmar — which has declared a state of emergency — several people were said to have died in early reports from local…
ASK Asset & Wealth Management Group has received an In-Principle Approval (IPA) from the Securities and Exchange Board of India (SEBI) to launch its mutual fund business.The Blackstone-backed firm plans to offer research-driven investment solutions for Indian investors.ASK already provides portfolio management, alternate investments, and wealth management. The mutual fund launch will expand its offerings, targeting retail, high-net-worth (HNI), and institutional investors, the company said in a statement.The mutual fund industry’s assets under management (AUM) have tripled from ₹24 lakh crore in March 2019 to ₹67 lakh crore in January 2025. The number of unique investors has also grown from…
Image source: Getty Images Over the past year, the boohoo (LSE:BOO) share price has fallen by 26%. The bulk of this move has come in the past three months, with a strategy overhaul under way to try and turn the company around. With the recent changes, including rebranding the group to Debenhams, analysts at top institutions have been revising their share price targets for the firm. Here’s what it means for investors. The view from the City At the moment, the boohoo share price is at 26.5p. Of the 11 analysts with a current projection, six have a Sell rating,…
Image source: Getty Images The S&P 500 index of US shares provides a world of investment opportunities for individuals. The problem is that identifying the best stocks to buy among its many hundreds of listings can be a tough ask for new investors. So here I’ll identify three great shares to consider buying today. With exposure to various industries and regions, they allow investors to achieve effective diversification — and with it the benefits of risk management and greater opportunities for wealth creation — that this provides. With a mix of growth, dividend and value shares, this mini portfolio offers…
Image source: Getty Images Nvidia (NASDAQ: NVDA) stock has fallen 17% this year. Now at $111, it’s trading at the same price it was back in May. Yet the company continues to put up huge growth rates and reckons the artificial intelligence (AI) revolution is still in its infancy. This leaves me wondering if there’s a buying opportunity here for my Stocks and Shares ISA. Attractive valuation, on paper On the one hand, it’s a bit strange that Nvidia stock is flat after 10 months. After all, the firm looks nailed on to continue growing strongly due to the colossal…
European stock markets opened lower on Friday as global markets braced for U.S. President Donald Trump’s tariffs on automakers set to take effect on April 2.The pan-European Stoxx 600 was 0.13% lower shortly after the opening bell. The U.K.’s FTSE 100 was marginally higher, while France’s CAC 40 was down 0.4%. The German Dax was 0.5% lower.Shares of French video game publisher Ubisoft were 10.2% higher by 8:31 a.m. London time after Chinese tech giant Tencent announced it would take a $1.25 billion stake in a new subsidiary focusing on Ubisoft’s gaming brands Assassin’s Creed, Far Cry and Tom Clancy’s…
Image source: Getty Images I love it when a FTSE 100 stock that’s been nesting quietly in my self-invested personal pension (SIPP) suddenly chirps into life. That’s just happened to insurer Phoenix Group Holdings (LSE: PHNX). I bought its shares twice in 2023, but they didn’t do much. Just sat there snoozing away in my SIPP. Occasionally, Phoenix would stir into life and squeeze out a dividend, which was greeted warmly chez moi. Phoenix yields a whopping 10% a year, the highest on the entire blue-chip index. I had two concerns, though. Was the dividend really sustainable? And would the…
SINGAPORE – The Republic is looking to buy its first set of nature-based carbon offsets to meet its 2030 climate change target, a move that observers say could help further efforts to conserve the planet’s remaining natural ecosystems amid global biodiversity decline. This request for proposal – the first for credits here – drew 17 submissions before it closed in mid-February, and the Government is currently evaluating the proposals. The Government had in September 2024 called on carbon project developers and credit suppliers to propose nature-based projects that can deliver at least 500,000 credits each.One carbon credit represents one tonne…