Tauron’s $1.28bn listing lifts IPO spirits

22 Jun 2010

Strong local demand helped Polish utility Tauron raise $1.28bn on Warsaw’s stock market this week, making it the second large-cap company to list in the country this year. The deal sends a positive signal to the European IPO market for the second half of the year. IPOs outperformed local European indices by an average of 10.6%, Deutsche Bank research shows. On Friday, EuroWeek takes a closer look at the after market performance of recent deals.

Robert Vielhaber +44 20 7779 7322

Please click here for previous coverage.


Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial