WCG Clinical Inc, a clinical trial solutions company backed by Singapore's sovereign wealth fund GIC, on Wednesday filed to withdraw its initial public offering, joining a list of companies that pulled the plug on their offerings in recent weeks.
Aramis Group, which sells second-hand cars online, said on Wednesday it had taken a first step towards an initial public offering (IPO) in Paris, in a sign that stock market listings in France are beginning to pick up pace.
Shares in Italian high-tech group SECO fell on their market debut on the Milan Stock Exchange on Wednesday, a day after tech stocks in Europe recorded their worst day since late-October after trading near record highs.
Frontier Group Holdings Inc was valued at $4 billion after its shares opened 2% below their offer price in the low-cost carrier's market debut on Thursday.
By Reuters Staff
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AMSTERDAM, March 4 (Reuters) - CTP BV, an owner and operator of logistics parks in Central and Eastern Europe, is planning a share issue and listing on the Euronext stock exchange in Amsterdam, it said on Thursday.
The company, founded in the Czech Republic, said in a statement that it would seek to raise between 800 million and 1 billion euros ($1.21 billion) in an offering of shares to institutional investors, with the proceeds used to fund debt repayment and property acquisitions.
CTP said it expects to launch its offer “in the coming weeks”, subject to market conditions.
In a fact sheet, CTP said it had pretax profit of 290 million euros in its most recent reporting year and 400 employees.