A parliamentary hearing on the ABN AMRO IPO will take place on 16 June at 19:45.
Further details can be found here.
Capitium advised the Dutch State on the offering structure for the IPO of ABN AMRO
The Dutch Government today announced that it would initiate the sales process for ABN AMRO. The transaction is poised to be one of the largest equity offerings in Europe. Capitium was asked to evaluate the offering structure with the aim of minimising costs while maximising proceeds. Various alternative offering mechanisms and fee structures were evaluated, a.o. distributing the shares directly to taxpayers, alternative auction mechanisms such as the one used for the Google IPO and an offering without a bank syndicate executed by the Agent of the Ministry of Finance.
The report (in Dutch) has now been submitted to Parliament and can be downloaded at the Government’s website. Feel free to get in touch by phone or email to discuss its findings.
Human.co wins Webby Award
Capitium is an investor in Human, an all-day activity & calorie tracker. After being selected by Apple as App Store Best of 2014 in the US, Canada, China, India, Australia, and 10 other countries around the world, it has now also won a Webby Award. See also this write-up in Het Parool:
Amsterdamse apps winnen Webby Award
Ze hebben de hoogste prijs gewonnen die er te winnen valt, maar eigenlijk staan ze pas aan het begin. De nieuwe Amsterdamse apps Human.co en Amikasa ontvingen vannacht in New York een Webby Award. Dat zijn de Oscars van het internet.
Ze staan tussen ‘grootheden’ als dating-app Tinder en de Ice bucket challenge. ‘Het is een hele eer dat we zo’n prijs hebben gekregen. Dat is belangrijker dan de show daar, die is de kers op de taart’, zegt Paul Veugen, oprichter en topman van het Amsterdamse Human.co.
Menselijke beweging op de kaart
Human.co is een app waarmee mensen met hun smartphone kunnen bijhouden hoe ze bewegen. Het gaat dan niet om de sportschool of een voetbalveld, maar om gewone verplaatsingen, zoals fietsen en lopen. Die informatie kunnen ze delen met anderen. ‘Alle kleine beetjes helpen. Daarom willen we mensen stimuleren om actief te zijn. Het maakt niet uit of je hardloopt of wandelt met je kinderen, als je maar plezier hebt’, aldus Veugen.
Capitium congratulates Framer on its successful financing round
Framer is a new creative tool to build interaction and animation prototypes. The company is based in Amsterdam and was founded by Koen Bok and Jorn van Dijk, formerly at Facebook. The company successfully completed a USD 1.3 mln financing round.
Capitium advised the Dutch State on the sale of REAAL
Capitium is pleased to announce that it acted as advisor to the Dutch State on the sale of REAAL to Anbang Insurance:
SNS REAAL announced today that it has signed an agreement with Anbang Group Holdings Co. Ltd., a 100% subsidiary of Anbang Insurance Group Co. Ltd. (Anbang), a leading Chinese insurance company, for the sale of VIVAT Verzekeringen (REAAL NV).
Under the agreement, Anbang acquires 100% of the shares of VIVAT for a consideration of € 150 million. The solvency of VIVAT will be strengthened to adequate levels through a capital injection. The total financial commitment may vary due to changes in the IFRS equity between 31 December 2014 and 30 June 2015, the anticipated effective date of the sale.
