Austria's Meinl Airports International has raised the volume of its Initial Public Offering (IPO) on the Third Market of the Vienna Stock Exchange from EUR 500 mln to EUR 700 mln. Private and institutional investors can subscribe to the new shares until 27 April 27, 2007 for EUR 10 per share. The first trading day is intended for 30 April, the company said in a statement.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
