Latest news with #CirsaEnterprises
Bloomberg
09-07-2025
- Business
- Bloomberg
Blackstone-Backed Casino Firm Cirsa Opens Steady in Spain Debut
Cirsa Enterprises SA shares traded in line with its offer price in its debut in Spain on Wednesday, a steady start to trading for the company that's key to setting the tone for European offerings after the summer quiet period. Shares of the Blackstone Inc.-backed company opened at €16 ($18.75), 6.7% higher than its offering price of €15 each. Shares erased some of those gains in the opening minutes to trade as low as €15.
Bloomberg
18-06-2025
- Business
- Bloomberg
Blackstone-Backed Casino Operator Cirsa Announces IPO in Spain
Cirsa Enterprises, the casino operator owned by Blackstone Inc., announced plans for an initial public offering in Spain. The offering will include a sale of new shares targeting raising €400 million ($460 million), as well as a secondary sale of about €60 million of shares, according to a statement on Wednesday.
Bloomberg
10-06-2025
- Business
- Bloomberg
Blackstone Said to Mull Launch of Cirsa IPO in Coming Weeks
Blackstone Inc. is considering launching an initial public offering of Spanish casino operator Cirsa Enterprises as soon as the coming weeks, according to people familiar with the matter, as fading volatility has opened a window for companies to go public before the summer lull. The company's IPO could raise less funds than previously expected after its private equity owner recently injected cash to pay down debt, said the people, who asked not to be identified as the information is private. An IPO of Cirsa could raise as much as €1 billion ($1.1 billion), Bloomberg reported in November, before the capital injection.
