Austria’s Bawag disappoints in early trading after biggest ever Vienna IPO

Shares in Bawag, the Austrian banking group, closed below their offer price on Wednesday after the company priced its €1.68bn IPO at €48 a share, near the bottom of the initial €47 to €52 range.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: