Avantium nets €103m after popular IPO

By Aidan Gregory
15 Mar 2017

Shares in Avantium, the Dutch renewable chemicals company, closed 3.6% higher on Wednesday after it made its debut on the Amsterdam and Brussels exchanges following the completion of its €103m IPO.

The deal is the first IPO to be completed in Belgium and the Netherlands this year.

ING and KBC Securities were global co-ordinators, Rabobank a bookrunner.

The deal placed 9.4m shares at €11 a share. Due to the strength of the demand, the deal was increased ...

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