Icade sets pace in France with €640m

Icade, the real estate company being spun off by French state-owned bank Caisse des Dépôts et Consignations, is set to raise up to €637m ($769m) from its initial public offering in the largest deal in France this year.

Icade is set to sell 22 million new shares, equal to 23.2% of the company, at €24.95 to €28.95, the company said in a statement. The new shares will be used to finance expansion in Europe.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line