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.