Feb
14
Countryside Properties Valued at $1.46 Billion in I.P.O.
ByLONDON — Countryside Properties, a British home builder that is majority-owned by the American private equity firm Oaktree CapitalManagement, said on Friday that its initial public offering had valued the company at 1.01 billion pounds, or about $1.46 billion.
Countryside said that the 135 million shares in the offering were priced at 225 pence a share, the bottom of its expected range of 225 pence to 275 pence a share.
The I.P.O. on the London Stock Exchange represented about 30 percent of the company’s outstanding shares…
Countryside Properties Valued at $1.46 Billion in I.P.O.
