Bpost misses out on summer aftermarket success

The stabilisation period following the IPO of Bpost came to end on Friday with less than half of the greenshoe exercised after a difficult first month of trading amid volatile markets. The shares are now just below the offer price making the firm an unfortunate outlier among a run of successful IPOs in the first half of 2013, with all the other new deals to have priced since May trading up.