Cirsa plans €460m IPO across four Spanish exchanges
Cirsa announced plans on 18 June to raise €460m through an initial public offering in Spain, with applications planned for the Barcelona, Bilbao, Madrid and Valencia exchanges. The company is seeking €400m in new capital and about €60m through secondary share sales; completion and timing remain subject to market conditions and CNMV approval.
The planned IPO could provide Cirsa with new capital and secondary share proceeds, subject to approval and market conditions.