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NYSE Euronext buoyed by Amsterdam wins

Dutch cable operator Ziggo is set to help NYSE Euronext’s Amsterdam exchange bounce back after an IPO drought

NYSE Euronext’s Amsterdam exchange has sprung back to life after more than two years without an IPO, with a brace of planned billion-dollar listings this week.

On Wednesday, Dutch cable operator Ziggo announced plans for a $1bn IPO, employing JP Morgan and Morgan Stanley as joint global coordinators. And yesterday Sara Lee, the US consumer-goods company, announced that it will spin out its coffee and tea business via a listing in Amsterdam. Sara Lee bought Dutch coffee firm Douwe Egberts in 1984.

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