French retail giant ppr, the owner of gucci group, has begun an initial public offering for african subsidiary cfao that will raise up to 1 billion ($15 billion), according to the company. The nigerian stock exchange powers the growth of africa's largest economy and offers a comprehensive range of products which includes shares (equities), exchange traded funds (etfs) and bonds, all of which can be bought and sold on the nse. The hardcover of the ipo: a gobal guide by philippe espinasse at barnes & noble free shipping on $25 or more. Deutsche asset-management ipo values unit at up to $89 billion ppr says ciao to cfao by matthew curtin misgivings over the otherwise sensible plan by the luxury goods and retail conglomerate to list a majority stake in cfao, its african distribution arm, by the end of the year.
Cfao is delighted with the success of its ipo and is very pleased to be listed on nyse euronext said richard bielle, chairman of cfao's management board. 1992 art mis was founded out of a majority stake in pinault-printemps (france printemps, la redoute, conforama, finaref, cdme, pinault distribution and cfao), plus a portfolio of us assets. Cfao group went public on 2009-12-11 and raised an undisclosed amount cfao group was valued at an undisclosed amount. Guillaume roche joined skadden's paris office as european counsel in september 2015 (ipos, securities issuances and tender offers) in france and abroad, including the ipo of cfao and securities issuances by arcelormittal, capgemini, nexans. The compagnie fran aise de l'afrique occidentale (cfao) was founded in 1887 by fr d ric bohn it was created from the shipping company owned by his father in law, charles-auguste verminck, the tablissements verminck, centred on marseille initially ppr raises $122 billion in cfao ipo.
Cfao is a specialist in the distribution of retail international brands in various business areas including vehicles, health care and consumer goods in growth markets of africa and french overseas territories. Appendix 1: case studies: a nasdaq ipo: shanda games a nyse ipo: banco santander brasil an lse ipo: essar energy a nyse euronext ipo: cfao a hong kong ipo: l'occitane. European ipo activity by number and volume 3 ipo volume 4 ipo offering value 5 cfao 806 industrial goods & services euronext ipo watch europe surveys all new primary market equity ipos on. French retail and luxury group ppr is raising upto 1 billion euros ($15 billion) to cut group debt by listing its africa-focused cfao distribution business in paris next month.
Sullivan & cromwell's french tax practice has been engaged in a wide range of matters and has globally oriented expertise in french tax matters on the tax aspects of the ipo of cfao whitehall, on several tax litigation matters practices & capabilities tax tax controversy french tax. Kyriba corp company research & investing information find executives and the latest company news. Europe's ipo markets recorded a distinct upturn in activity in the fourth quarter the third largest, also on nyse euronext, was the french industrial goods company cfao, which raised 806m, while london hosted the fourth this will be good news for many small and medium sized uk.
View pierre-yves le peutrec's profile on linkedin - btob and btoc retailer engaged in lbo or ipo - company involved in restructuring programs delisting context of the cfao group of the paris stock exchange. The paperback of the ipo: a global guide,, expanded second edition by philippe espinasse at barnes & noble free shipping on $25 or more. Cfao is a multinational company engaged in the sale of manufactured goods. Ppr is studying ways to exit its retail and distribution businesses, which account for more than half of sales it also announced details of a 1 billion ipo of african distribution unit cfao.
Paris december 2 2009 - cfao announces the final terms of its initial public offering on euronext paris compartment a isin fr0000060501 symbol: cfao. Ipo: a global guide (expanded 2nd edition) ipo: a global guide (expanded 2nd edition) author: philippe espinasse publisher: hong kong university press cfao - a hong kong ipo: l'occitane - a singapore ipo: capitamalls asia - a bursa malaysia and singapore ipo. View ga tan raymond's professional profile on linkedin theory and case studies, such as the ipo of cfao in 2009, a subsidiary of kering (ppr in 2009): - valuation of cfao's assets - discounted cash flows - valuation of a share price. Cfao retail chooses soci t g n rale cameroun inventiva's genesis was far from a walk in the park, yet its ipo, which the specialised press has described as spectacular, marks a turning point in the growth of this highly promising french biotech player.