Waberer’s €240m Budapest IPO offers big discount
Waberer’s International, the Hungarian haulage firm, launched a Huf73.7bn (€238m) IPO on the Budapest Stock Exchange on Monday, offering shares at a chunky discount to its US peers.
The deal will offer up to 11.7m shares at Huf5,100 to Huf6,300 a share, a banker said. This consists of 8.7m existing shares from Mid Europa Partners and 3.1m primary shares.
Bookrunners are Citigroup, Berenberg and Renaissance Securities, with Erste as a lead manager.“We haven’t released any ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com