Deals of the year 2000: Lady luck smiles on Siemens

Deals of the year: Tech and telecoms illustrate the ups and downs of 2000Author: Jennifer Morris Issuer: SiemensDeal: IPO, equity carve-out of InfineonAmount: e6 billionDate: March 13 2000Global co-ordinators: Goldman Sachs, Deutsche Bank Luck isn’t a word that bankers use very often. But few deny that there was an element of it in Siemens’ IPO […]

Deals of the year: Tech and telecoms illustrate the ups and downs of 2000
Author: Jennifer Morris

Issuer: SiemensDeal: IPO, equity carve-out of InfineonAmount: e6 billionDate: March 13 2000Global co-ordinators: Goldman Sachs, Deutsche Bank

Luck isn’t a word that bankers use very often. But few deny that there was an element of it in Siemens’ IPO of Infineon, its semiconductor division, back in March.

According to Christian Meissner, executive director of equity capital markets at Goldman Sachs, the timing of the deal could not have been better.






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