BarCap places last of Amadeus
BC Partners and Cinven sold down the last of their stakes in Amadeus IT Holding on Wednesday, turning for the first time to a bookrunner from outside of the 2010 IPO syndicate. Barclays Capital was sole bookrunner for the €386m deal.
It priced the block of 30.6m shares representing 6.8% of the company at 12.60 each, a 4.1% discount to Tuesdays close, and a level which rival syndicate bankers said was likely to leave nothing on the table for the boorkunner. Barclays was unavailable for comment.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.