LONDON, Nov 20 (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)
===============================================================
*Yoox Nov 30 Italy 160 Mediobanca
GS
-Italian online fashion retailer Yoox SpA is offering 18
million old shares and 6.24 million new shares at a price range
of 3.60-4.50 euros per share. If a greenshoe option is taken up,
55.5 percent of the firm will be listed on Milan's main MTA
market, the first since March 2008. []
*CFAO Dec 3 France 1,350 BNP, SG
Calyon, GS
- French retail and luxury group PPR <PRTP.PA> is offering
31 million shares of CFAO at a price range of 24.80-29.00 euros
per share, about 50.39 percent of the share capital. Pricing is
expected on Dec. 2 and trading on Euronext Paris is due to start
on Dec. 3.[]
*Hochtief Concessions Dec 3 Germany 1,500 DB,GS,Citi
Barclays
-Hochtief <HOTG.DE> is offering new and existing shares in
its Concessions infrastructure business at between 24-29 euros
from Nov. 20 to Dec. 3, raising 882 million to 1 billion euros.
It is Germany's biggest IPO since diesel engine maker Tognum's
2.1 billion euros listing in 2007. []
*Movetis Dec 4 Brussels 126 CS, KBC
- Belgian drugmaker Movetis is offering 85 million euros
worth of new shares at 11.25-14.25 euros per share. The
bookbuilding will run from Nov. 23 to Dec. 2, with listing on
Euronext Brussels on Dec. 4. []
*Scan Energy Dec 9 Germany 417 HSBC,
SocGen,
Macquarie
- Danish energy operator Scan Energy aims to raise between
228-280 million euros by offering 48.6 percent shares at 13 to
16 euros per share, valuing the company at 460-565 million
euros. Bookbuilding Dec. 1-7, listing on Dec. 9.[]
Gartmore Dec 11 UK 900 BoA ML
MS, UBS
-Gartmore and private equity firm Hellman & Friedman plan to
raise as much as 550 million pounds via selling 30 to 50 percent
of its share capital, valuing the asset management at around 1
billion pounds. Listing expected around Dec. 11. []
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.
Merlin Q1 2010 UK 3,300 Citi, GS
DB, UBS
Nomura
-Private equity firm Blackstone <BX.N> prepares to float
Merlin Entertainments, the second biggest theme park operator
after Disney, in early 2010. The offering could value the
business at around 2 billion pounds ($3.3 billion). Merlin owns
the London Eye, Madame Tussauds and the Sea Life centres. Dubai
International Capital owns 20 percent of the business.
Amadeus Q1 2010 Spain 3,000 GS, JPM,MS
-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
[] 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. []
Travelport 2010 UK 2,000 TBA
- Blackstone Group <BX.N>, which bought Travelport from
conglomerate Cendant Corp in August 2006 for $4.3 billion, plans
to list Travelport on the London Stock Exchange to raise around
$2 billion.[]
Newlook Q1 2010 UK 1,500 TBA
-Fashion chain New Look, which is owned by Apax and Permira
[], has not ruled out an IPO in 2010. It dropped an IPO
in 2007 as investors balked at the 1.8 billion pound price tag.
Pets at Home Q1 2010 UK 1,000 JPMC
-Private equity firm Bridgepoint [] is eyeing a dual
track process for pet food retailer Pets at Home while
appointing JP Morgan Cazenove as the global coordinator to
examine the options for an IPO for the 240-strong store chain.
Medica Q1 2010 France 370 BNP,CS,RBS
-Buyout firm BC Partners [] has picked underwriters
to prepare its French care-home group Medica for a first-quarter
listing. BC Partner bought Medica at a valuation of 750 million
euros in 2006.[]
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.
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.
Brenntag H1 2010 Germany 2,200 TBA
-BC Partners plans to float part of German chemical
distributor Brenntag in old and new shares. []
Chr.Hansen 2010 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. []
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. []
