haku: @indexterm Shares / yhteensä: 249
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| Tekijä: | Stonham, P. |
| Otsikko: | The wellcome share offering: part two - technical execution |
| Lehti: | European Management Journal
1993 : SEP, VOL. 11:3, p. 291-303 |
| Asiasana: | SHARES UNITED KINGDOM STOCK MARKETS |
| Kieli: | eng |
| Tiivistelmä: | The author of this article discusses Fleming's choice of share-offering technique - book-building with over-allocation and a greenshoe option, an innovative technique of the UK domestic equity market. He then charts the month-by-month progress of the deal. From a number of points of view, the offering is considered successful. An attractive price was obtained, a much broader institutional and geographical spread of shareholding was achieved, and the market was efficiently stanilised against the background of a freely-falling stock market. |
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