Vimeo
LinkedIn
Instagram
Share |

IPO

May 27, 2014

Nassef Sawiris is considering relisting part of OCI, the Netherlands-listed construction and fertiliser company, on the Cairo stock exchange.

Nassef Sawiris is considering relisting part of OCI, the Netherlands-listed construction and fertiliser company, on the Cairo stock exchange.

Sawiris, who is chief executive of OCI, allegedly sent out a number of proposals to local and international banks to test the water for a potential sale, which according to unnamed individuals close to the entrepreneur, could be worth €220 million.

May 7, 2014

An Illinois-based family upholstery business has joined forces with a private equity firm in the hope of becoming the US's first publicly-traded company of its type in the US. 

An Illinois-based family upholstery business has joined forces with a private equity firm in the hope of becoming the US's first publicly traded company of its type in the US.

Ken Kovie's family have been in the upholstery business since 1939, when his parents opened their first shop in Chicago – Kovie joined the family business in 1975, and went on to found Ken's Custom Upholstery in 1985.

April 28, 2014

French family-controlled conglomerate Louis Dreyfus Commodities is on the hunt for a new chief executive after its current head announced he was stepping aside after just one year.

French family-controlled conglomerate Louis Dreyfus Commodities is on the hunt for a new chief executive after its current head announced he was stepping aside after just one year.

Ciro Echesortu's appointment to the chief executive role was only ever intended to be a short-term arrangement, but Louis Dreyfus never announced just how short his tenure would be. Echesortu will leave his role on 1 June.

April 24, 2014

A subsidiary of family-controlled Kuok Group is set to launch Singapore's largest initial public offering of the year when its shares start trading this week.

A subsidiary of family-controlled Kuok Group is set to launch Singapore's largest initial public offering of the year when its shares start trading this week.

Pacc Offshore Services Holdings (Posh) is listing 337.6 million shares and is expected to raise about SGD$375 million (€216 million).

Posh is an offshore support vessel business for the oil and gas sector that also provides floating accommodation for oil workers.

January 24, 2014

One of the biggest family businesses in the Middle East could launch its first IPO in a matter of months, according to media reports. 

One of the biggest family businesses in the Middle East could launch its first IPO in a matter of months, according to media reports.

Saudi Binladin Group, a second-generation construction company, could list one of its biggest divisions, Construction Products Holding (CPC), as early as June.

January 22, 2014

Family business patriarch Li Ka-shing, who is also Asia's richest man, has raised $3.1 billion (€2.3 billion) dollars through an IPO of a division of his electric company.

Family business patriarch Li Ka-shing, who is also Asia's richest man, has raised $3.1 billion (€2.3 billion) dollars through an IPO of a division of his electric company.

HK Electric Investments – a subsidiary of Power Assets, which is indirectly controlled by Li's flagship company, Hutchison Whampoa – listed 4.43 billion units at HK$5.45 (€0.51) each.

January 21, 2014

Middle Eastern and North African family business are expected to show a strong appetite for initial public offerings this year, building on an uptick in listings seen in 2013, according to a merger and acquisitions expert.

Last year, 23 Middle East and North Africa (MENA) family and non-family businesses raised $3 billion (€2.2 billion) through public listings, up 64% in volume and 51% in value compared to 2012.

Ernst & Young’s transaction advisory services leader for MENA Phil Gandier said the momentum for initial public offerings (IPOs) looks set to continue over the next nine months, with a strong pipeline of businesses preparing to list.

September 11, 2012

Initial public offerings have taken centre stage, with family-controlled Coty reportedly planning to delay its IPO in New York, while the Al Habtoor Group is hoping to list next year. 

Initial public offerings have taken centre stage, with family-controlled Coty reportedly planning to delay its IPO in New York, while the Al Habtoor Group is hoping to list next year.

According to media reports, fragrance business Coty, which is controlled by the German Reimann family through the holding company Joh A Benckiser, will postpone its planned $700 million (€544 million) listing until next year.

It comes amid a sluggish IPO market and just weeks after Michele Scannavini, a Coty executive, was named chief executive.

May 31, 2012

The family behind Graff Diamonds will need to rethink its succession plans after the upmarket British jeweller had to scrap an initial public offering because of “consistently declining stock markets”.

The family behind Graff Diamonds will need to rethink its succession plans after the upmarket British jeweller had to scrap an initial public offering because of “consistently declining stock markets”.

The $1 billion (€805 million) IPO, which had been expected to be the largest in Hong Kong this year, was part of the company’s succession plans, a person close to the situation had told CampdenFB earlier this week.

Click here >>
Close