AIA sees oversubscription for IPO.

Athens International Airport (AIA) has priced its initial public offering (IPO) at €8.20 per share, implying a market capitalization of €2.46 billion ($2.66 billion). The IPO includes a combined offering of 90 million ordinary shares, with 84% allocated to eligible international institutional investors outside of Greece and 12% allocated to retail and institutional investors in Greece. The oversubscription level for the offerings was around 12x. The settlement is expected to take place on February 6, 2024, with trading on ATHEX beginning on February 7, 2024. [Extracted from the article]