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Market Rumors: Aurelis, Europris, Promigas

By Chelsea Naso (March 10, 2015, 5:08 PM EDT) -- German real estate developer Aurelis has kicked off preparations for an initial public offering that could raise €500 million ($537.4 million), Reuters reported Tuesday. Aurelis, which was formerly a part of Deutsche Bahn, is said to have tapped advisory group VictoriaPartners to advise on and help pick investment banks for the anticipated IPO. While the details concerning pricing and the amount of shares to be offered has not yet been finalized, Aurelis could be valued at more than €1 billion including debt, the report said. Investment banks are expected to be chosen later this month with the listing potentially taking place in the fall....

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