Covestro's stock market debut IPO to raise ?1.5bn

摘要

Leverkusen, Germany - More details have emerged of the price and process of the float of Bayer's MaterialScience business, Covestro. Covestro said it expects it will float between 70.4m and 94.3m shares at a price between ?21.5 and ?24.5 ($23.9-$27.35) and is targeting gross proceeds from the sale of ?1.5bn.