by Jay Antenen, Tom Cane and Troy Hooper
It will likely take a bold company willing to invest the time and effort to go through a lengthy consultation with securities regulators before the market sees the debut of a primary direct listing, advisors said.    Advocates tout direct listings as more efficient and less expensive than traditional IPOs since shares are sold at a price set by

by Joanna Socha in Warsaw
Auxilius Pharma, a Poland-based start-up focused on value-added generic drugs, will look at fundraising later this year ahead of a possible listing in 2022, company executives told Mergermarket.

by Patrick Harris, Claudia De Meulemeester and Min Ho
European energy majors are considering carving out portfolios of their most carbon-intensive assets as opposed to traditional multi-jurisdictional divestments, several sector advisers said.

by Valentina Caiazzo and Micaela Osella in Milan
Divella, the Italian pasta maker, could bring in strategic investors to power its international expansion, CEO Vincenzo Divella told Mergermarket.

by Yiqin Shen in New York and Sydney Halleman in Charlottesville, with analytics by Melody Ren  
Big pharma's search for innovative assets spurs bolt-on deals Flexible deal structures used to mitigate R&D risks Partnership deals establish paths to buyouts     M&A in the life sciences is likely to remain busy with a spree of bolt-on acquisitions and strategic partnerships in a few hot areas, according to sector advisors. While

by Pablo Mayo Cerqueiro in London
TMF Group, a professional services firm backed by CVC Capital Partners, is ready to pursue acquisitions thanks to its positive cashflow and shrinking levels of debt, CEO Mark Weil told Mergermarket.

by Boris Maleshkov
InPost [AMS:INPST], a Polish parcel-locker operator, is actively seeking to acquire operators of pick-up and drop-off (PUDO) points across France to accelerate its international growth, founder and CEO Rafal Brzoska told Mergermarket. 

by Lloyd Vassell
Water treatment equipment provider Arvia Technology to unlock further growth via expansion or relocation of its headquarters, new CEO Simon Gatcliffe told Mergermarket.   The Runcorn, Cheshire-based company’s supportive shareholder base, which includes the private equity firm Earth Capital, has the capability to fund the growth.   Arvia

by Joao Grando and Johannes Koch, with additional reporting from Patrick Costello
Buyout house Equistone is putting RENA Technologies on sale after holding the German wet-chemical equipment maker for just under two years, two sources familiar with the situation told Mergermarket.

ECM Europe Alert comprises a selection of key proprietary and aggregated intelligence over the weekend, including expected events and recent filings for live and upcoming transactions.   Key deals this week - Finland's Kreate Group is conducting bookbuild for its IPO from 8 February to 16 February at EUR 8.2 per share on Nasdaq Helsinki. Danske