HALISTER: Gestamp Said Close to Picking JPMorgan, Morgan Stanley for IPO

Gestamp Said Close to Picking JPMorgan, Morgan Stanley for IPO

(Bloomberg) -- UBS also a frontrunner to be a global coordinator for the sale, which could value company at over EU4B, according to people familiar with the matter.
  • Deutsche Bank, Societe Generale and Santander expected to be selected as bookrunners for the IPO, people say
  • Sale of shares in Spain could raise about EU1.5b
  • Representatives for JPMorgan, UBS, Morgan Stanley, Deutsche Bank and SocGen declined to comment
  • A spokesman for Gestamp didn’t have an immediate comment. A representative for Santander didn’t immediately respond to a request for comment
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
MS US (Morgan Stanley)
495294Z SM (Gestamp Automocion SA)
SAN SM (Banco Santander SA)
JPM US (JPMorgan Chase & Co)
GLE FP (Societe Generale SA)

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