Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

IPO of SIG Combibloc – 10th Listing on the Swiss Stock Exchange in 2018

Today, the shares of SIG Combibloc Group AG (“SIGN”) were traded for the first time on SIX. The opening price was CHF 11.85 which corresponds to a market capitalization of CHF 3.8 billion. 

With the biggest IPO in Switzerland and among the top three in Europe so far this year, SIX records a double-digit number of listings for the first time in over ten years.

Jos Dijsselhof, CEO SIX, commented: “After an absence of some 11 years, we are very happy to welcome SIG Combibloc back to the Swiss stock exchange. After CEVA Logistics, the IPO of SIG Combibloc marks the second IPO with a placement volume that exceeds one billion Swiss francs this year which proves the depth of the Swiss capital market.”

Rolf Stangl, CEO of SIG Combibloc, added: “We are delighted to be re-listing on SIX. The IPO is a natural next step in our growth strategy as we continue to bring innovative products to the market and to expand in existing markets and new geographies.”

The issued share capital of SIG Combibloc Group AG comprises 320,053,240 registered shares. A total of 132,000,000 registered shares were placed in the offering, of which 105,000,000 newly issued registered shares thereby raising CHF 1.181 billion in gross proceeds with the main purpose to delever the company’s balance sheet. In addition, 27,000,000 existing shares were offered by funds managed or advised by affiliates of Onex Corporation and certain members of management (the “Selling Shareholders”). At an issue price of CHF 11.25, the total placement volume (excluding over-allotment option) corresponds to CHF 1.485 billion. Furthermore, the Selling Shareholders granted the Joint Global Coordinators an over-allotment option of up to 19,800,000 existing shares, exercisable in whole or in part within 30 calendar days after the first trading day.