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Bravofly Rumbo seeking up to $340m in Swiss public listing

04/04/2014| 12:41:12 AM| 中文

Bravofly Rumbo announced its IPO intention on the SIX Swiss Exchange on 19 March with plans to offer both new and existing shares.

Switzerland-based online travel group Bravofly Rumbo has confirmed the price range for its initial public offering in Zurich with trading slated for 16 April.

A statement from the company sets the shares at between $45 and $59 each (40 to 52 CHF) with the potential to raise up to $340 million.

This means a market capitalisation of between $675 million and $938 million, unless an over-allotment option (depending on demand) is exercised.

Read full story at: http://www.tnooz.com/article/bravofly-rumbo-ipo-zurich/#utm_source=Tnooz+Mailing+List&utm_medium=email&utm_campaign=6afece4a52-RSS_EMAIL_CAMPAIGN&utm_term=0_c691357c44-6afece4a52-129120762

TAGS: Bravofly | Rumbo | IPO | OTA
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