The devil floats Prada
At US$2.1 bn dollars, it’s the 2nd biggest IPO of the year on Hong Kong exchange.
In a report by Dealogic, globally, the deal is also fifth biggest IPO transaction in 2011 YTD.
This listing pushes Hong Kong Exchange New Listings volume to US$23.3bn in 2011 YTD – up 267% year-on-year.
Glencore International of Switzerland topped Prada’s listing with a 10-billion-dollar IPO.