The firm will sell its shares for between €20.30 and €24.80 per-share and said the IPO will include €250 million in new shares and €402 million in existing shares sold by owners Carlyle and Cinven, according to a Reuters report.
The IPO, which is expected to take place on November 7 with trading to follow the next day, is tipped to be France’s largest public offering in more than three years.
The share price range will value Numericable at between €5.06 billion and €5.57 billion, including €2.75 billion in debt.
ICYMI: Android TV refresh brings Freeview Play to the fore digitaltveurope.com/2021/05/06/and… https://t.co/tWs3OKoXq2
06 May 2021 @ 20:22:00 UTC
SES looks to share buyback as video business decline slows digitaltveurope.com/2021/05/06/ses…
06 May 2021 @ 16:30:00 UTC