Stock Spirits Group starts bookbuilding on £250m IPO
Bankers began bookbuilding on Oaktree's £250m IPO of central and eastern Europe-focused alcoholic drink firm Stock Spirits Group on Tuesday.
Oaktree will sell shares for 210p-260p each. There will also be a £52m primary portion. That will put between 35%-55% into free float.The mid-point of the size and price range, which bankers said is their current working assumption, gives a pre-greenshoe deal size of £212m. The deal will ...
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