IFLR1000

Ibstock LSE IPO

30/9/2015
IPO
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£ 770 million

$ 953.651 million

Completed

30/9/2015

Overview:

  • Ibstock, a UK brick maker, has undertaken an IPO on the LSE.
  • The deal values the company at around £770 million and the funds raised will be used to pay existing debt.
  • Bain Capital is currently the company's main shareholder.
  • JPMorgan and UBS acted as underwriters.

Sam Duke - Editor

Jurisdiction:

United Kingdom

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sector:

Construction and materials

Firms:
A&O Shearman

Party: Ibstock (Issuer)

Lawyers: Adam Wells, James Roe

Latham & Watkins

Party: JPMorgan Chase (Underwriter)

Party: UBS (Underwriter)

Lawyer: James Inness

Ropes & Gray

Party: Bain Capital (Seller)

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