RTR: Ferrari Group IPO priced at €8.6/share, bookrunner says
REUTERS reports: The initial public offering of luxury logistics company Ferrari Group has been priced at ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
We don’t normally link to an article in German, but Finanz und Wirtschaft is reporting that CEVA will list on the Swiss stock exchange in May, which will be announced as early as next week. This seems likely to us. This article argues, however, that the price needs to be set low, initially, but could result in a market value, once debt is taken into account, of Chf2bn to Chf2.5bn ($2.1bn to $2.6bn).
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