Canal+ Polska IPO fails despite strong EM momentum

By Aidan Gregory
11 Nov 2020

Canal+ Polska, the Polish satellite TV network, has pulled its IPO on the Warsaw Stock Exchange, despite the strong momentum behind emerging market equities.

In a statement on Tuesday, Canal+ Polska said it was cancelling its proposed stockmarket listing, blaming volatile markets.

Bank of America Securities, JP Morgan and Santander were global coordinators.

The IPO was not covered on the final day of bookbuilding as it struggled ...

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