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

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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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