Tuesday, November 30, 2010

Global Logistics Properties Ipo

Global Logistics Properties IpoLatets News Update About Global Logistics Properties Ipo: I will update this when the public tranche is out. The information below is what i saw from the ‘bookbuilding’ tranche which i believe the demand is really hot as they will be closing the bookbuilding period earlier than indicated. So in essence, just hoot it and then decide if you want to run later.





The indicative price range is from $1.78 to $1.96 per share at the PB range of 1.03x to 1.09x. The market cap post IPO will be $8.022 billion to $8.833 billion. (to be updated again).

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