IPO
Patience pays off on Ziggo IPO
The unusual IPO story of Ziggo has presented yet another boost to its private equity backers as overwhelming investor demand accelerated yesterday’s share offering from a planned 18 million to 29 million ordinary shares - trading at a premium of 34%....
Revolymer IPO raises £25m
Revolymer, a British polymer company, has completed an IPO on the AIM market of the London Stock Exchange.
BC Partners sells stake in Brenntag for €577.5m
BC Partners and co-investors have sold seven million shares in listed German chemicals company Brenntag, reducing their joint stake to 13.6%.
CVC further reduces stake in Formula 1
CVC Capital Partners has sold another $500m chunk of its holding in British racing business Formula 1 to Waddell & Reed and Ivy Investment Management.
CVC's Formula One postpones IPO
CEO Bernie Ecclestone told Reuters that the IPO of CVC-backed Formula One Group on the Singapore Stock Exchange may be postponed to later this year.
CVC-backed Evonik announces IPO
CVC Capital Partners-backed German chemicals maker, Evonik Industries, has confirmed plans to float in the Prime Standard segment of the Frankfurt stock exchange.
CVC reduces stake in F1 prior to IPO
CVC Capital Partners has sold a $1.6bn stake in Formula 1 Group to BlackRock, Waddell & Reed and Norges Bank Investment Management prior to the company's IPO, according to reports.
PE-backed floats stage a comeback
The Ziggo float – and strong post-float performance – illustrates that PE can still pull off a strong exit on the public markets. Kimberly Romaine talks with Warburg Pincus’ Joe Schull about strategies for floating a business in today’s market.
Europe's IPO comeback
Private equity-backed IPOs have had a rollercoaster ride in Europe over the last five years.
Exit volumes surge despite tough conditions
unquote” data shows that exit volumes surged in 2011 as private equity houses sought to satisfy investor demands, but it is uncertain if this trend will continue in 2012. Anneken Tappe reports.
Cinven and Warburg Pincus-backed Ziggo files for IPO
Dutch cable operator Ziggo will list on the NYSE Euronext in Amsterdam, backed by shareholders Cinven and Warburg Pincus.
Investindustrial pours water on Ducati sale speculation
Investindustrial has poured water on speculation that it is planning to float Italian motorcycle business Ducati in Hong Kong next year.
Pandora IPO lifts lid on PE failings
Pandora is not the only private equity-backed IPO to suffer т it would seem the box is full of underperforming listings. John Bakie reports.
German IPOs fail to meet expectations
A relatively large number of IPOs have taken place lately on the Frankfurt stock exchange with more expected later in the year. But doubts still remain over the wisdom of IPOs in the post-crisis era. Diana Petrowicz investigates.
Nordwind Capital plans to float SHW
Private equity house Nordwind Capital is planning to list automotive supplier SHW Automotive AG on the Frankfurt Stock Exchange.
Amadeus et al. list Transmode
Amadeus Capital Partners has listed portfolio company Transmode on the NASDAQ OMX Stockholm with a market cap of SEK 1.427bn.
Large exits up 60% year-on-year
So far, 2011 has seen a surge in exit activity for private equity funds, with large-scale divestments seeing a significant recovery in particular. John Bakie gives an overview
CVC looking to float Evonik
CVC Capital Partners is planning to list chemical company Evonik on the Frankfurt stock exchange.
Carlyle and Advent considering HC Starck IPO
Carlyle and Advent International have appointed banks to investigate investor appetite ahead of a possible flotation of HC Starck.
Cinven-backed Avio to launch IPO
Italian aerospace engine maker Avio, a portfolio company of London-based private equity firm Cinven, is said to be keen to launch an initial public offering “as soon as possible”.
BC sells Turkish groceries for $515m
BC Partners has successfully offloaded a 17.4% stake in Turkish supermarket chain Migros Ticaret for $515m.
Finatem exits Derby Cycle in IPO
German mid-market investor Finatem has listed its portfolio company Derby Cycle on the Frankfurt stock exchange on 4th February.