Travelport 2010 UK 2,000 TBA
- Blackstone Group <BX.N>, which bought Travelport from
conglomerate Cendant Corp in August 2006 for $4.3 billion, has
filed to list Travelport on the London Stock Exchange to raise
around $2 billion.[]
Newlook Q1 2010 UK 1,500 TBA
-Fashion chain New Look, which is owned by Apax and Permira
[], has not ruled out an IPO in 2010. It dropped an IPO
in 2007 as investors balked at the 1.8 billion pound price tag.
Pets at Home Q1 2010 UK 1,000 JPMC
-Private equity firm Bridgepoint [] is eyeing a dual
track process for pet food retailer Pets at Home while
appointing JP Morgan Cazenove as the global coordinator to
examine the options for an IPO for the 240-strong store chain.
Medica Q1 2010 France TBA BNP,CS,RBS
-Buyout firm BC Partners [] has picked underwriters
to prepare its French care-home group Medica for a first-quarter
listing. BC Partner bought Medica at a valuation of 750 million
euros in 2006.
Acromas 2010 UK 3,300 TBA
-The owner of the AA roadside recovery and Saga insurance
businesses generated a 13 percent increase in EBITDA to 547
million pounds in the year to Jan. 31.
Lothian 2010 UK 500 ML, JPMC
-GLG Partners, a London-based hedge fund, plans to float a
new fund called Lothian on the London Stock Exchange <LSE.L> and
then acquire oil production assets worldwide.
Chr.Hansen 2010 France 1,500 TBA
-French private equity firm PAI Partners is considering
selling a stake in Danish bioscience firm Chr.Hansen in an IPO
worth as much as 1 billion euros. PAI partner Frederic Stevenin
said bankers were studying the option but no decision had been
made. []
CSOB mid-2010 Czech TBA TBA
-Belgian banking and insurance group KBC <KBC.BR> plans to
float 40 percent of its Czech unit CSOB in the Czech Republic
before mid-2010 to secure European Union approval for receiving
state aid. []
K&H Bank mid-2010 Hungary TBA TBA
-Belgian banking and insurance group KBC <KBC.BR> plans to
float 40 percent of K&H Bank in Hungary to secure European
approval for receiving state aid. Belgian and Flemish regional
governments have pumped 7 billion euros into KBC. []
Almutlak Q1 2010 Saudi TBA TBA
-Almutlak Trade and Industries, a Saudi-based automotive
specialist, plans to sell 30 percent of its share capital in an
IPO. []
PZU Q1 2010 Poland TBA TBA
-The biggest insurer in Poland may launch an IPO as early as
February after a deal with Dutch insurer Eureko [],
Deputy Treasury Minister Zdzislaw Gawlik said on Oct. 2.
Tauron mid-2010 Poland TBA TBA
-Poland plans to offer a 20 percent stake in the country's
second largest utility. The combined offers of new and existing
shares could be valued at up to 8 billion Polish zlotys ($2.8
billion)
Life Healthcare 2010 S.Africa TBA TBA
-The owners of Life Healthcare, one of South Africa's
biggest private hospital operators, are mulling pitches from
banks to take the company public. []
Deutsche Bahn 2010 Germany TBA TBA
-The German state railways dropped its IPO plan, which was
due to be the country's biggest since 2000, due to adverse
market conditions. Chief Executive Ruediger Grube hopes the IPO
can be revived in 2010 or 2011.
