Danwood suspends IPO

Prefabricated houses producer Danwood suspended its IPO after failing to “secure satisfactory terms” regarding the issue price. “The reason for the suspension of the offer is the price offered by institutional investors during book building, which according to the selling shareholder does not reflect firm’s fundamental value and its growth potential,” Danwood said. Company’s sole…

This content is for Silver 6 months, Gold 1 Year and Bronze 2 weeks members only.
Log In Buy Subscription
Pin It