Radar > 241944

Gestamp confirms IPO

Gestamp confirma salida a Bolsa del 30% de la compañía

Intel ID : 241944
Synopsis

Gestamp, a Spain-based auto parts manufacturer, confirmed the launch of an Initial Public Offering (IPO) between 30% and 35% of its stakes in 2017, reported EFE on 25 October 2016, citing Gestamp president Francisco Riberas.

Riberas cited the will of the family owners to maintain control of the company in the long term and said that IPO is a serious idea, but with no details disclosed.

It is not decided yet if it will be only offered to institutional investors or to individuals.
(content in spanish)

Gestamp, empresa española dedicada a la fabricación de componentes para automóviles, ha confirmado que planea su sacar entre el 30% y 35% de su capital a Bolsa en 2017, según ha informado EFE el 25 de octubre de 2016, citando al presidente de Gestamp, Francisco Riberas.

En concreto, Riberas ha insistido en la voluntad de la familia propietaria de mantener el control de la compañía a largo plazo y ha manifestado que la salida a Bolsa es una idea seria, pero aún sin detalles.

Tampoco está decidido si la colocación será solo entre inversores institucionales o habrá oferta para particulares.

Issuer


Intel ID 241944
Value ND
Native Currency Euro (EUR)
Financial Data - Gestamp
(31 Dec 2022)
Revenue: EUR 11.043,10m
EBITDA: EUR 1.209,53m
Net Debt: EUR 32.568,68m
People: 42670
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Issuer

Name
verified
Subsector (Old TTR Sectors)
Industry / Automotive and Recreational Vehicles (Primary)
Primary Sector (TTRSC)
35.02.02 Automotive Parts & Accessories
35 Industrials / 35.02 Automotive

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Description

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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