bookbuild

Investment bank Morgan Stanley was running a bookbuild Tuesday night for Ms. Rinehart, who was seeking 9.9% of the company, according to two people familiar with the matter.

Rinehart Buys Nearly 8% of Fairfax Gavin Lower 2012

Achieving the full 9.9% of Fairfax targeted in last night's bookbuild would have lifted Ms. Rinehart's total stake to close to 15%.

Rinehart Buys Nearly 8% of Fairfax Gavin Lower 2012

Bristol-Myers Squibb Co. But only 32% of shares in the retail part of the offer were taken up, leaving underwriter Deutsche Bank to sell the excess through a bookbuild.

Sigma Says Dividend Is 'Unlikely' Ross Kelly 2010

Bristol-Myers Squibb Co. But only 32% of shares in the retail part of the offer were taken up, leaving underwriter Deutsche Bank to sell the excess through a bookbuild.

Sigma Says Dividend Is 'Unlikely' Ross Kelly 2010

Bristol-Myers Squibb Co. But only 32% of shares in the retail part of the offer were taken up, leaving underwriter Deutsche Bank to sell the excess through a bookbuild.

Sigma Says Dividend Is 'Unlikely' Ross Kelly 2010

He said he expected any entitlements to part icipate in the capital raising not taken up by the three suitors or other institutional investors would find "overwhelming support" under a bookbuild process being conducted by

Transurban Rejects Two Takeover Proposals 2010

Heading into the bookbuild, the pricing of deal came under public scrutiny.

QR National IPO Raises $4.5 Billion Cynthia Koons 2010

In Europe, 94% of the total equity issued this month was via an accelerated bookbuild process or "overnight" transaction, where shares are offered to institutional investors over the course of one day.

European share issues 2008

In the U.S., accelerated bookbuild deals have raised only $2.4 billion this month or 58% of the total equity raised.

European share issues 2008

In a bookbuild, the offer price is based on actual demand for shares among institutional investors.

Wesfarmers plans share issue 2008