iPoint (iPoint.cz)
Czech markets  |  September 17, 2010 09:47:04

We present a candidate for an IPO in Prague: CS Cargo


Candidate for the old-new (not only) Prague's IPO, the company CS Cargo. The intention to enter the stock market has long been announced, however, given the market conditions are often strikingly reminiscent of a state of war from this time abandoned his step. Now it seems that the long-delayed act at least get your time horizon framework and society in this direction are already taking the first concrete steps, starting with the choice of an expert who has prepared the company for IPO. They still overseas JPMorgan, CS Cargo as of today in their press release informed, "CS Cargo Group, which is 100% owned by Central European logistics CS Cargo Group, agreed with the international investment bank JP Morgan to advise on financing and other operations capital market. "The agenda has also just be another preparation for entering the capital market:" "We have ordered the bank JPMorgan, our company began to prepare for the planned introduction of the CS Cargo Group in selected capital markets. Considering that its shares could in future be traded on exchanges in Prague, London, and possibly also in Warsaw. It could happen in the second half of next year, but our decision will depend on the specific situation in the capital markets and on whether we are at the moment not ready, "says the press release. CS Cargo, operating in the Czech Republic, Slovak Republic and Poland in the first half year sales increased by 23% last year, the group revenues reached 189.6 million euros ... CS Cargo: Acquisition predator on the Prague Stock Exchange? Read on iPOINT

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