25-10-2016 13:05 via news.yahoo.com

Convatec's London listing expected to price at 225 pence per share - sources

LONDON (Reuters) - The London flotation of British medical products and technology company ConvaTec is expected to price at 225 pence a share, the bottom of an earlier price range, two sources said, amid shallow investor support for new stock market listings. Books for the initial public offering (IPO) are expected to close later on Tuesday after the minimum deal size of $1.8 billion was covered on October 18. (Reporting by Dasha Afanasieva, editing by Sinead Cruise)
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