IPO update: EGP’s institutions, Warsaw’s strategic picks, AZ and Nawras

01 Nov 2010

Enel Green Power drew on its parent’s loyal retail following when it priced its Eu2.264bn IPO over the weekend. The Warsaw Stock Exchange, AZ Electronic Materials and Nawras also priced IPOs at the end of last week. Click through for allocation and pricing details.

Enel Green Power allocated 78% to retail investors in a deal that was given a hefty price cut two days before the end of bookbuilding.

Enel sold the shares in its subsidiary at Eu1.60 each after starting to take orders at that price on Thursday (October 28) morning, below ...

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