Sif Holding Euronext Amsterdam IPO

Overview:

• Sif Holding has undertaken an IPO on the Euronext Amsterdam.
• The pricing was set at €14 a share and the issue raised €112 million through the sale of 8 million shares, 35% of the company.
• The issue gives the company a market cap. of €357 million.
• ABN AMRO, HSBC Bank, ING Bank and Rabobank acted as underwriters. 
• The issuer is a manufacturer of large steel tubulars for offshore foundations in the oil and gas and wind farm sectors.

Rani Mehta - Journalist