Europe’s IPO market hits bump but recovery still on course, bankers say

around Europe’s IPO market, a day after a poorly received listing from German retailer Douglas, bankers said.

“Sentiment around IPOs continues to be positive globally and in Europe, and those deals that are being prepared for Q2 and H2 are expected to come as planned,” said Antoine de Guillenchmidt, co-head of equity capital markets at Goldman Sachs for Europe, the Middle East and Africa, who worked on the Galderma and Douglas IPOs.

But with central banks signalling an end to interest rate hikes, the stock market is becoming a viable exit route. CVC-owned Douglas raised 850 million euros to pay off debt. Shares were priced at 26 euros, the bottom of an indicated price range, and traded as low as 22.7 euros. Though caution remains, further new issues are to be expected, Julian Schulze De la Cruz, a capital markets lawyer at Noerr, said.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Reddit IPO: A look at how other social media stocks traded post-IPOReddit (RDDT) is set to list on the New York Stock Exchange via an IPO on Thursday. Though the most recent, Reddit's IPO isn't the first social media...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »

Analysis-Europe's IPO market hits bump but recovery still on course, bankers sayA strong debut by Swiss skincare company Galderma on Friday is steadying nerves around Europe's IPO market, a day after a poorly received listing from German...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »