Top Europe IPO Amadeus up during debut
April 29, 2010 at 10:15 AM EDT
A rebound in European markets and plenty of spring sunshine in Madrid help provided a positive backdrop for the continent’s biggest initial public offering -- worth 1.32 billion euros ($1.75 billion) -- in two years. Shares of Amadeus (TICKER:ES:AMS) started slow, just above the 11 euro offering price, but was up nearly 8% to 11.88 euros, and has reached as high as 12 euros.