Global Ports opens the books for London float

By Aidan Gregory
02 May 2017

Global Ports Holding, the independent cruise port operator, has set the price range for its IPO on the London Stock Exchange.

Barclays, Citigroup and Goldman Sachs are global coordinators, while VTB Capital is acting as bookrunner.

The price range has been set at 735p-875p. At that range, Global Ports will achieve an initial market cap of £462m-£539m ($596.86m-$696.42m) and the deal size will be at least £158m.

Global Ports ...

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