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KION have set the share price at between Euro 24 - 30 per share and are only making the offer open to people in Luxembourg and Germany. the closing date for the offer is today. wonder if it was full subscribed or do the banks have to bail the IPO out. What will be interesting is on the 28 of this month when they start to trade to see how big the fall will be in the open market. The underwriters will want to get rid of them at whatever loss they can. The real value with Weichai power owning 30% equity and being able to take up to 50% plus the original deal would value the share at between Euro 8.00 and 12.00 well under the value of the float.
  • Posted 26 Jun 2013 19:34
  • By Daveilift
  • joined 26 Oct'10 - 241 messages
  • west yorks, United Kingdom

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Global Industry News
edition #1258 - 27 November 2025
In this week’s Forkliftaction News , we report on Hyster-Yale laying off staff in the US amid what it describes as “challenging market conditions”... Continue reading
Editorial calendar - planned features
CONSTRUCTION FORKLIFTS
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FORKLIFT ATTACHMENTS
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Bolzoni SpA (Group HQ)
Manufacturer of Lift Truck Attachments, Forks and Lift Tables, with the most extensive range in the market.
Fact of the week
According to studies published in the English Journal of Medicine, the impact of daylight savings is revealed by a 24% increase in heart attacks on the Monday following the spring shift forward. When clocks move back in autumn, heart attacks drop by about 21%, suggesting that loss of sleep is an important driver.
Global Industry News
edition #1258 - 27 November 2025
In this week’s Forkliftaction News , we report on Hyster-Yale laying off staff in the US amid what it describes as “challenging market conditions”... Continue reading
Fact of the week
According to studies published in the English Journal of Medicine, the impact of daylight savings is revealed by a 24% increase in heart attacks on the Monday following the spring shift forward. When clocks move back in autumn, heart attacks drop by about 21%, suggesting that loss of sleep is an important driver.