Constantia Flexibles AG, a manufacturer of flexible packaging products, announced that, following intensive investor marketing it has been decided not to proceed with the Initial public offering of Constantia Flexibles as a satisfactory completion of the transaction including a healthy aftermarket development could not be ensured.
In the envisaged IPO, new shares to be issued from a capital increase and existing shares of the selling shareholder, One Equity Partners, would have been placed.
In late-October 2013, Constantia Flexibles Group had announced that it planned an Initial Public Offering before the end of this year.
On 12th November 2013, the company had said it set the price range for its Initial public offering at 19.50 euros - 25.50 euros per share. The offer would comprise up to 5.13 million newly issued and up to 24.08 million shares from the holding of CP Group Holding Cooperatief U.A. In total, 28 million shares should be placed, with an additional up to cover the potential over-allotment, which corresponds to at least 50.0 percent of the share capital (at least 57.5 percent including the over allotment).
The gross proceed from the sales of newly issued shares of 100 million euros would go to the company.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.