FACTBOX-EMEA IPO pipeline-Nov 11

Wed Nov 11, 2009 1:11pm GMT
 
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 LONDON, Nov 11 (Reuters) - The following are initial public
offerings in the pipeline for companies in the Europe, Middle
East and Africa (EMEA) region, based on announced deals and
Thomson Reuters data.
 To submit entries for this diary, please contact Daisy Ku at
+44207 5425106 or daisy.ku@thomsonreuters.com.
ISSUER          DATE           COUNTRY   PROCEEDS  BOOKRUNNER
                                         ($ mln)
 ===============================================================
 Hochtief Airport  Nov            Germany   1,200     DB,GS,Citi
 -Hochtief (HOTG.DE) is preparing an IPO of its airports
division. It could be Germany's first major IPO since diesel
engine maker Tognum's 2.1 billion euros listing in 2007.
[ID:nL5480836]
 
 CFAO              Dec            France    1,500     BNP, SG
                                                   Calyon, GS
 - French retail and luxury group PPR (PRTP.PA) plans to sell
at least 50 percent of its stake in CFAO, which focuses on
automotive and pharmacy distribution in Arica.[ID:nL5344855]
 
 Unity Media       Dec            Germany   700       UBS, MS
 - The No. 2 German cable firm is owned by private equity
firm BC Partners [BCPRT.UL] and Apollo Management LP [APOLO.UL].
[ID:nL3638057]
 
 Germany2          Q4             Germany   400       DB
 -The backers of shell company Germany1 plan to raise about
300 million euros in a new special purpose acquisition company
(SPAC) on the Euronext Amsterdam bourse.
 Gartmore          Q1 2010        UK        TBA       MS, Citi
 -Private equity firm Hellman & Friedman, which holds a 50
percent stake in the fund management firm. The preparations
reheat proposals from 2007 to float the asset manager for up to
1.5 billion pounds.
 
 Merlin            Q1 2010        UK        3,300     Citi, GS
                                                   DB, UBS
                                                   Nomura
 -Private equity firm Blackstone (BX.N) prepares to float
Merlin Entertainments, the second biggest theme park operator
after Disney, in early 2010. The offering could value the
business at around 2 billion pounds ($3.3 billion). Merlin owns
the London Eye, Madame Tussauds and the Sea Life centres. Dubai
International Capital owns 20 percent of the business.
 
 Amadeus           Q1 2010        Spain     3,000     GS, JPM,MS
 -Travel reservations firm Amadeus, which was taken private
in a 4.34 billion euros deal, is preparing for an IPO selling
new and existing shares. The firm is controlled by BC Partners
[BCPRT.UL] and Cinven [CINV.UL], with a combined 52.8 percent.
Air France (AIRF.PA) owns 23.1 percent and Iberia (IBLA.MC) and
Lufthansa (LHAG.DE) own 11.6 percent each. [ID:nLE362679]
 
 Travelport        Q1 2010         UK       2,000     UBS,DB
                                                   Citi
                                                   BarCap
 - 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
[PERM.UL], 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 [BRDG.UL] 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 [BCPRT.UL] 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.

 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. [ID:nL497552]
 
 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 [EUREK.UL],
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)

 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.

 HSBC              2010           China     TBA       CICC,
                                                   CITIC,
                                                   UBS, GS
 -HSBC (HSBA.L)(0005.HK) plans to list on the Shanghai Stock
Exchange in the first half of 2010 in an IPO of about $3
billion.

 

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