IFLR1000

Waberer Budapest Stock Exchange IPO

19/6/2017
IPO
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Ft 14 billion

$ 53.174 million

Completed

19/6/2017

Overview:

  • Waberer has undertaken an IPO on the Budapest Stock Exchange.
  • The issuer sold shares at Ft5100 each, raising around Ft14 billion. 
  • Warberer intends to use the proceeds from the deal to finance the acquisition of Polish competitor, Link. 
  • The IPO is the largest on Budapest's exchange in almost two decades.

 Katrin Kostadinova - Data analyst

Jurisdictions:

United Kingdom
Czech Republic
Hungary

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

Hungary

Industry sectors:

Transport
Logistics

Firms:
A&O Shearman

Party: Berenberg (Joint global coordinator, Joint bookrunner)

Party: Erste Group Bank (Joint global coordinator, Joint bookrunner)

Party: Citigroup (Joint global coordinator, Joint bookrunner)

Party: Renaissance Capital (Joint global coordinator, Joint bookrunner)

Kinstellar Andrékó Ferenczi & Társai Ügyvédi Iroda

Party: Berenberg (Joint global coordinator, Joint bookrunner)

Party: Erste Group Bank (Joint global coordinator, Joint bookrunner)

Party: Citigroup (Joint global coordinator, Joint bookrunner)

Party: Renaissance Capital (Joint global coordinator, Joint bookrunner)

Lawyer: Csilla Andrékó

Lakatos Köves & Partners

Party: Mid Europa Partners (Financial sponsor)

Lawyers: Balázs Fazakas, Pál Rahóty, Péter Lakatos

White & Case

Party: Waberer (Issuer)

Lawyers: Eva Svobodová, Ian Clark, Petr Hudec, Philip Broke

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