GC Asia
Marel attracts anchor bids from BlackRock, Credit Suisse
Marel, the Icelandic meat processing machinery company, has secured cornerstone orders from BlackRock and Credit Suisse Asset Management for its €350m IPO on Euronext Amsterdam.
The two investors have committed at the launch of the bookbuild to subscribe for up to €102m between them, around 27% of the shares on offer, within the €3.40 to €3.90 price range.
Neither have invested in the company before despite it being already listed in Iceland.
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