Already covered Amadeus set to rock Eu1bn IPO
This year’s largest western European float is on course for a positive reception when it reaches pricing on Tuesday. Amadeus’s Eu1.25bn-Eu1.36bn IPO was already covered yesterday (Thursday), bankers involved in the travel booking firm’s deal told EuroWeek. Goldman Sachs, JPMorgan and Morgan Stanley are bookrunners.
Bankers away from the deal were unusually generous in their praise. One labelled Amadeus as "a potential standout" issue for the European IPO market this year.
Investors have responded well to the company, a syndicate banker at one of the bookrunners said. "Amadeus offers quality and global leadership and
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