Big German funds playing hardball on IPO pricing


By Marius Bosch FRANKFURT, May 27 (Reuters) - Germany's big investment funds are taking a hard line in pushing for the cheapest possible issue prices in new stock sales, helping compound an already weak market for new listings, bankers said on Thursday. Poor market conditions and price expectations that were too low forced German car parts and accessories firm Auto-Teile-Unger (ATU) to postpone its planned June 16 flotation on Wednesday, the third firm to ditch its IPO plans so far this ...

Premium Content (PAID Subscription Required)

"Big German funds playing hardball on IPO pricing" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×