LONDON, Feb 26 (Reuters) - Following are initial public
offerings in the pipeline for companies in the Europe, Middle
East and Africa (EMEA) region.
To submit entries for this diary, contact Daisy Ku at +44 20
7542-5106 or daisy.ku@thomsonreuters.com.
ISSUER DATE COUNTRY PROCEEDS BOOKRUNNER
($ mln)
===============================================================
Sherborne Mar. 3 UK 155 RBG
Investors
- The Guernsey-incorporated firm plans to raise 100 million
pounds to invest in a target company which is publicly quoted on
a UK stock exchange. Share are expected to begin trading on the
London Stock Exchange's AIM on Mar. 9.
SuperGroup Mar 1-12 UK 190 Seymour
Pierce
- The British fashion chain behind the Superdry brand seeks
to raise 125 million pounds via an institutional and retail
share offer that would value the firm at around 400 million
pounds. Bookbuilding is to run between Mar. 1 and Mar. 12.
[]
Promethean Mar 1-12 UK 190 GS, JPMC
World
- Private equity Apax Partners [] will sell its 25
pct stake in education technology group Promethean.
[]
EMIS Group Mar UK 77 Evolution
- The healthcare software firm is offering 25 percent of its
enlarged share capital in an AIM listing. The debt-free company
posted EBITDA of 20 million pounds.
Optimum Coal Mar 1-12 S.Africa 300-500 JPM, MS,
RMB
- The sixth-biggest thermal coal miner plans to offer about
30 percent of its share in an IPO on the Johannesburg Stock
Exchange. []
Kabel Mar Germany 1,000 DB, MS,
Deutschland JPM, UBS
- Private equity firm Providence and management plans to
sell some 30 percent of secondary shares in the top German cable
television firm. []
African Barrick Mar 8-19 UK 1,000 JPMC, MS
Gold
- The spin-off of Barrick Gold Corp <ABX.TO> is the biggest
gold miner in Tanzania. The deal values ABG at 1.4-1.6 times
NAV. [][]
Kulczyk Oil Mar Poland 150 HSBC
Ventures
- The company, an upstream oil and gas exploration with
direct interests in Brunei, Syria and Slovenia and exposure to a
development program in Pakistan via its stake in Canada listed
Jura Energy <JEC.TO>, previously expected the IPO to be
completed in 2009 Q4. []
Squarestone Mar Brazil 380 Liberum
Brasil Capital
- The company plans to raise 150 million to 250 million
pounds on London's AIM to acquire shopping mall assets in Sao
Paolo. []
CPP Group Mar UK TBA UBS, JPMC
- UK product insurer CPP offers protection against losing
wallets, mobile phones, keys and cards. IPO proceeds will be
used to pay down debt. []
Brenntag H1 Germany 678 DB, GS,
BAML, JPM
- BC Partners plans to float part of German chemical
distributor Brenntag in old and new shares within weeks.
[]
Banca Fideuram H1 Italy TBA TBA
- Intesa Sanpaolo <ISP.MI> plans to list its asset manager
Banca Fideuram by June. []
ProfMedia Q2 Russia 500 BoAML,CS
- Russian media firm ProfMedia, controlled by Russian
industrial magnate Vladimir Potanin, plans to float up to 40
percent of its shares in an IPO. []
Uralchem Apr Russia 500 MS, RenCap
UBS
- Fertiliser producer Uralchem aims to float in March or
April to pay down debt. []
SUEK 2010 Russia 2,000 BAML,
Citi, CS,
VTB,
RenCap
- SUEK eyes an IPO that would value the country's top steam
coal producer at $8-$9 billion in the first half of 2010.
[]
TransContainer 2010 Russia TBA TBA
- Russian Railways said on Feb 16 it planned to float 35
percent minus one share in its cargo unit TransContainer.
[]
Metalloinvest 2010 Russia TBA TBA
- Russian iron and steel firm Metalloinvest said it planned
to sell 10-20 percent of its shares in a year to 18 months.
[]
PZU Q1 Poland 1,700 CS, MS,
DB, GS
-The biggest insurer in Poland may launch an IPO as early as
February. The Polish Treasury and Dutch group Eureko have agreed
to sell up to 20 percent of the insurer. [
-Travel reservations firm Amadeus, which was taken private
in a 4.34 billion euros deal, is preparing for an IPO selling
new and existing shares. The firm is controlled by BC Partners
[BCPRT.UL] and Cinven [], with a combined 52.8 percent.
Air France <AIRF.PA> owns 23.1 percent and Iberia <IBLA.MC> and
Lufthansa <LHAG.DE> own 11.6 percent each. []
TDC H1 Denmark 4,000 CS, DB, GS
JPM, MS,
UBS
- Private equity firms Blackstone <BX.N>, Permira [],
KKR [], Providence and Apax Partners hold 87.9 percent of
TDC via Nordic Telephone Company Holding (NTCH). []
Fortuna H1 Czech 144 Unicredit
- Czech betting firm Fortuna plans to raise 100 million
euros from an IPO on the Warsaw and the Prague bourses.
[]
Falck H1 Demark TBA TBA
- Europe's top privately held fire-fighting and ambulance
company is selecting advisers for Falck's IPO. Financial daily
Borsen said the company could be worth $1.8 billion. Private
equity Nordic Capital Fund V and ATP Private Equity Partners are
its principle shareholders. []
Chr.Hansen H1 France 1,500 TBA
-French private equity firm PAI Partners is considering
selling a stake in Danish bioscience firm Chr.Hansen in an IPO
worth as much as 1 billion euros. PAI partner Frederic Stevenin
said bankers were studying the option but no decision had been
made. []
Ontex H2 Belgium 1,000 BAML
- The diapers and wet wipes maker, owned by private equity
Candover <CDI.L>, competes with Procter & Gamble <PG.N>.
[]
Germany2 2010 Germany 400 DB
-The backers of shell company Germany1 plan to raise about
300 million euros in a new special purpose acquisition company
(SPAC) on the Euronext Amsterdam bourse.
Knowledge Q1 Saudi 267 TBA
Economic City Co.
- The company is building a huge industrial complex for the
Saudi Arabian government, one of the four so-called economic
cities built to provide jobs. []
DP World Q2 Dubai TBA TBA
- The world's No. 4 port operator announced on Jan. 6 it was
seeking a London listing in the second quarter.
Acromas 2010 UK 3,300 TBA
-The owner of the AA roadside recovery and Saga insurance
businesses generated a 13 percent increase in EBITDA to 547
million pounds in the year to Jan. 31.
Betfair 2010 UK TBA TBA
- Betfair, the world's biggest internet betting exchange, is
preparing for an IPO. []
Lothian 2010 UK 500 ML, JPMC
-GLG Partners, a London-based hedge fund, plans to float a
new fund called Lothian on the London Stock Exchange <LSE.L> and
then acquire oil production assets worldwide.
GHG 2010 S.Africa TBA TBA
- Netcare, Africa's top hospital group said in late 2009
that it planned to float the operating unit of UK's General
Healthcare Group (GHG) on the London Stock Exchange.
[]
CSOB mid-2010 Czech TBA TBA
-Belgian banking and insurance group KBC <KBC.BR> plans to
float 40 percent of its Czech unit CSOB in the Czech Republic
before mid-2010 to secure European Union approval for receiving
state aid. []
K&H Bank 2011 Hungary TBA TBA
-Belgian banking and insurance group KBC <KBC.BR> plans to
float 40 percent of K&H Bank in Hungary to secure European
approval for receiving state aid. Chief Executive Marko Voljc
said the IPO is unlikely to happen in 2010. []
Fortuna 2010 Czech 144 UniCredit
- Czech betting firm Fortuna planned to raise 100 million
euros from an IPO on the Warsaw and the Prague bourses, daily
Rezeczpospolita reported on Jan. 18. []
Ferrous 2010 Brazil TBA JPMC, DB
Resources
- The Brazilian iron ore miner aims for a flotation on the
London Stock Exchange that would value it at 3.2 billion pounds
($4.91 billion). []
