Nacon IPO to close early, but banks keep eye on coronavirus

By Sam Kerr
25 Feb 2020

French gaming company Nacon will close its IPO books because of strong demand but market fears over the Covid-19 coronavirus outbreak means ECM bankers on the deal are giving themselves pricing flexibility.

Berenberg, Gilbert Dupont and Midcap Partners are global co-ordinators on the Paris listing, selling up to 20m new shares in the company.

Nacon is closing books ahead of schedule and will allocate shares on Friday. A message from the banks said that strong institutional investor demand had given ...

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