Kion prices at bottom
Kion Group priced a €413m IPO on Wednesday evening at the bottom of the range. The deal came at €24.00 a share, from a €24.00-€30.00 range.
It was “significantly oversubscribed”, it said. Trading
begins on Friday.
Kion sold 17.23m new shares in the deal. Its private equity
owners provided a 2.58m share greenshoe.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: email@example.com or find out more online here.