Gestamp Automoción floats for €870m after car parts IPO

Aidan Gregory

April 06, 2017 12:00 pm

Gestamp_2_PA_230x150 — Spain's King Filipe VI speaks at the Gestamp automotive industry metal works in Bielefeld, Germany, 02 December 2014. Photo: OLIVER KRATO/dpa | Oliver Krato/DPA/PA Images

Gestamp Automoción, the Spanish car parts maker, has completed the largest Spanish IPO of the year so far, having priced the deal at the bottom of its initial price range late on Wednesday.

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Topics

Santander Spain Deutsche Bank JP Morgan Morgan Stanley Equity IPOs UBS Equity Europe EMEA Société Générale

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Aidan Gregory