Displaying items by tag: ipo

Strong demand from both retail and institutional investors resulted in the public offering being oversubscribed 12 times, raising a total of €700 million. Based on market data, it has been the most successful IPO of at least the last two decades in the Athens Stock Exchange.Everything points to the offer price being set at the upper end of the range, i.e. EUR 4,00 per share.It is estimated that approximately 10,000 retail investors participated in the Public Offering, a record number for an IPO in the Greek capital market.

The renewable energy business of Greece's biggest construction company Ellaktor plans to list on the stock market in what would be the first public offering since the debt crisis began.