Alpiq pulls €112m A2A block on price sensitivity
Five accelerated bookbuilds were launched in Europe on Wednesday night but not all succeeded. Alpiq Italia, a subsidiary of the Swiss energy group, tried to sell its 5% stake worth around €112m in Italian distributor A2A through UBS but it was said to be unhappy with the price and pulled the deal on Thursday.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts