Taiwanese cloud infrastructure provider Wiwynn is raising US$2bn from a five-year zero-coupon convertible bond.

SK Hynix is filing confidentially to the US Securities and Exchange Commission ahead of a US listing that could take place in the second half of this year, the world’s second-largest memory chipmaker said on Wednesday.

IPO activity remains on hold for now in the Middle East as markets reopened this week following holidays for Eid Al-Fitr.

Exail Technologies’ founding Gorge family sold €75.6m of stock in the Paris-listed defence company after upsizing an accelerated bookbuild.