All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Equity

Axel Springer trades up after placement boosts free float

Deutsche Bank led an accelerated bookbuild of a 16.6% stake in German media firm Axel Springer on Friday morning. The shares traded strongly after the transaction despite the placement being priced with a slim discount.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree