Strong demand emerges for Digi Spain IPO ahead of market debut
Digi Communications' Spanish subsidiary has attracted nearly EUR 1.3 billion of demand from investment funds and family offices ahead of its initial public offering, more than four times the targeted fundraising of up to EUR 330 million,…
iulian ernst · Journalist
· Updated · 2 min read
Digi Communications' Spanish subsidiary has attracted nearly EUR 1.3 billion of demand from investment funds and family offices ahead of its initial public offering, more than four times the targeted fundraising of up to EUR 330 million, according to data analysed by Profit.ro.
The strong investor interest comes ahead of Digi Spain's planned stock market debut on July 16. Based on assessments by BNP Paribas, CaixaBank, UBS and Barclays, the company is expected to achieve a post-IPO valuation of between EUR 1.8 billion and EUR 2.3 billion, excluding debt.
