IFLR1000

CEVA Logistics SIX Swiss Exchange IPO

8/5/2018
IPO
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Completed

8/5/2018

Overview:

  • Ceva Logistics has undertaken an IPO on the SIX Swiss Exchange.
  • The newly issued registered shares were valued at SFr27.5.
  • The company also placed mandatory convertible securities aggregating to $380 million which was subscribed by French logistics company CMA CGM.
  • Proceed from the whole transaction reached approximately $1.2 billion.

Katrin Kostadinova/Rajeeb Gurung - Data analyst/Researcher

Jurisdictions:

United States
Switzerland

Deal type:

IPO

Practice area:

Capital markets : Equity

Governing law:

United States

Industry sector:

Logistics

Firms:
Akin Gump Strauss Hauer & Feld

Party: CEVA Logistics (Issuer)

Bär & Karrer

Party: CEVA Logistics (Issuer)

Lawyer: Michael Trippel

Davis Polk & Wardwell

Party: Morgan Stanley (Underwriter)

Homburger

Party: Morgan Stanley (Underwriter)

Lawyer: Frank Gerhard

Lenz & Staehelin

Party: CMA CGM (Subscriber)

Willkie Farr & Gallagher

Party: CMA CGM (Subscriber)

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