K&H Bank 2011 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. Chief Executive Marko Voljc
said the IPO is unlikely to happen in 2010. []
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 Q1 2010 Poland 2,900 UBS,
UniCredit
-The Polish energy group mandated UBS and Unicredit on its 8
billion zlotys IPO.[]
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.
Ocado 2010 UK TBA TBA
-Ocado appointed Andrew Bracey, an experienced investment
banker to replace Jason Gissing as finance director. The move
was seen as a further step towards a market listing in 2010. The
business has been independently valued at 440 million pounds.
Talanx 2010 France TBA TBA
-Talanx, Germany's third biggest insurance group, plans a
listing in 2010. It had postponed its IPO earlier this year due
to the financial crisis. The group, which competes with Allianz
SE <ALVG.DE> and Munich Re AG's <MUVGn.DE> ERGO unit, owns a
50.2 percent stake in Hannover Re <HNRGn.DE>, the world's fourth
biggest reinsurer, and a 9.9 percent stake in Swiss Life Holding
AG <SLHN.VX>.
Ran Lojistik TBA Turkey TBA TBA
-The transportation firm said on May 28 that it had applied
to sell a 25.2 percent stake in an IPO on the Istanbul Stock
Exchange. The offering will increase the company's capital by 79
percent to 12.7 million lira ($8.2 million).
DEPA 2010 Greece TBA TBA
-Greece has push back the planned flotation of its natural
gas monopoly DEPA due to adverse market conditions, a senior
government official said on July 16.
Athens Airport 2010 Greece TBA TBA
-Greece is re-examining a planned IPO of the Athens
International Airport due to weak financial markets and a
tourism slump.
Kosmo Energy TBA TBA TBA TBA
-Kosmos Energy is mulling raising $3-5 billion by selling
stakes in two oil blocks offshore Ghana, and the sale of a stake
in Kosmos itself. The Dallas-based oil explorer is part-owned by
private-equity firms Blackstone <BX.N> and Warburg Pincus
[].
Svyazinvest TBA Russia TBA TBA
-The state-controlled telecoms giant may hold an IPO on
Western bourses once its reorganisation is completed, its
general director said on May 30.
Orascom Telecom 2010 Egypt TBA TBA
-Mobile carrier on June 23 said it plans to list shares in
two North African subsidiaries by early 2010. Tunisia's
flotation will "happen definitely this year", while Algeria
might happen in early 2010, according to its chairman Naguib
Sawiris.
Al-Baha Holding 2010 Saudi 267 TBA
-The company, which already raised 25 percent of its $533
million capital from its founders, is seeking to raise another
25 percent from local investors. Husain bin Dajam, its chief
executive said the firm eyes an IPO by mid-2010.
RZD TBA Russia TBA TBA
-The state-owned rail transport monopoly is expecting an IPO
no earlier than 2011, Vladimir Yakunin, chief executive of RZD
told reporters on May 20.
Saudi Arabian TBA Saudi TBA TBA
Airlines []
- The Shura Council on Jul 5 recommended an IPO for the flag
carrier instead of selling off its units piecemeal in a
privatisation.
RusHydro TBA Russia 3,000- TBA
<HYDR.MM> 5,000
-CEO Vasily Zubakin said it should not be a problem for
Russia to reduce its stake in RusHydro to 51 percent, which
could raise $3-$5 billion. Under Russian financial regulations,
RusHydro can list no more than 14.7 percent of its shares on
foreign markets.
Uniastrum TBA Russia TBA TBA
-Bank of Cyprus <BOC.CY><BOCr.AT> plans to list its Russian
unit Uniastrum on a Russian bourse within the next seven years,
the Cypriot group said on Jul 27. Uniastrum, which was acquired
by BOC in 2008, has a 220 branch network in Russia.
Bank of TBA Egypt TBA TBA
Alexandria
-The Egyptian government is mulling to sell its 20 percent
stake in the formerly state-owned bank, which was privatised in
2006 with the sale of 80 percent to Italy's Intesa Sanpaolo.
Transdev TBA France TBA TBA
-French utility group Veolia <VIE.PA> is looking at ways to
combine its transport arm with Transdev to create a new European
travel firm that would seek a listing as soon as conditions
permit, Veolia said in a statement on June 9.
EuroChem TBA Russia TBA TBA
-Russian fertiliser maker EuroChem said in September 2009
that it plans an IPO in five years' time.
*Announced IPO
TBA - To be announced
(Compiled by Daisy Ku)
