IPOs get going again with Eu4bn Criteria, OGK-2 and mid-caps

Cautious optimism suffused the European equity capital markets this week, as premarketing began for three deals — the Eu4bn IPO of Criteria, a fund being spun off by La Caixa; the $1.71bn flotation of Russian power generator OGK-2; and the $900m listing of Croatia’s T-Hrvatski Telekom.