Medica forced to cut IPO price
French care home group Medica on Monday completed a Eu275m IPO but had to cut the price by 18.75% to get the deal done. It foreshadows the extreme difficulties that outstanding IPOs will face, such as this week’s $2bn Travelport deal.
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