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On July 21, the $2.4bn IPO for Swiss metering tech firm Landis & Gyr Holding, was successfully completed, making it EMEA’s largest IPO so far this year. The deal is also the second largest IPO on SIX Swiss Exchange on record.

As a trusted financial platform partner, Dealogic helped the bookrunners seamlessly execute the transaction through the DealManager network. the IPO was also made available on Dealogic Connect, where investment firms can send electronic orders directly to banks.

Transaction Details

Issuer: Landis & Gyr Holding

Nationality: Switzerland

Industry: Technology

Deal Value ($m): $2,405

Deal Type: IPO

Selling Shareholders: Innovation Network Corp of Japan, Toshiba Corp

Bookrunners: UBS, Morgan Stanley, Credit Suisse, and JPMorgan

Key Points

Top 3 EMEA IPOs in 2017 YTD

  1. Landis & Gyr Holding, $2.4bn | Technology | Switzerland | Jul 2017
  2. Galenica Sante, $1.9bn | Healthcare | Switzerland | Apr 2017
  3. ALD, $1.3bn | Finance | France | Jun 2017

Top 3 global tech IPOs in 2017 YTD

  1. Snap, $3.9bn | United States | Mar 2017
  2. Landis & Gyr Holding, $2.4bn | Switzerland | Jul 2017
  3. Netmarble Games Corp, $2.3bn | South Korea | Apr 2017

Top 3 IPOs on SIX Swiss Exchange on record

  1. Sunrise Communications Group, $2.5bn | Switzerland | Telecommunications | Feb 2015
  2. Landis & Gyr Holding, $2.4bn | Switzerland | Technology | Jul 2017
  3. Petroplus Holdings, $2.3bn | Switzerland | Oil & Gas | Nov 2006