FACTBOX-European IPO pipeline

June 10 (Reuters) - The following are initial public
offerings in the pipeline for companies in the Europe, Middle
East and Africa (EMEA) region, based on announced deals and
Thomson Reuters data:

ISSUER DATE COUNTRY PROCEEDS BOOKRUNNER

($ mln)
==============================================================
Bogdanka Jun 25 Poland 168.7 BRE Bank

-The first IPO in Poland this year was priced at 48 zlotys
per share, the top of the 42-48 zloty range announced. Poland's
centre-right government is pushing through several privatisation
listings in the coming months. The subscription period runs to
June 18, with a planned market debut on June 25.

San Jose Jun 30 Spain TBA TBA

-The Spanish builder, the main shareholder of Parquesol
(PSL.MC), said on May 28 it plans to list before June 30.

Flatex Jun 30 Germany 4.3

-The German online broker is the first to test the German
IPO market this year, setting a price of 3.9 euros per share for
its offer of up to 800,000 shares on Jun 9. Bookbuilding runs
between June 17 and June 26, with shares to start trading on the
Frankfurt Stock Exchange on June 30.

Al Alamiya Oct 3-9 Saudi 16 Riyad Capital

-Al Alamiya, which is part of insurance group RSA (RSA.L),
will launch its IPO by floating 30 percent of its equity
capital, or 6 million shares, at SR 10 each.

Ran Lojistik TBA Turkey TBA TBA

-The transportation firm said on May 28 that it had applied
to sell a 25.2 percent stake in an IPO on the Istanbul Stock
Exchange. The offering will increase the company's capital by 79
percent to 12.7 million lira ($8.2 million).

Clinuvel H2 TBA TBA

-Biotech company Clinuvel (CUV.AX), which is listed in
Australia, could list shares in Switzerland in 2009 as it hopes
the flotation would help selling a drug to treat sun
intolerance.

Istikhlaf Bank Q4 Bahrain 3,500 TBA

-The lender will be listed on the Bahrain Stock Exchange and
Nasdaq Dubai. Adnan Ahmed Yousif, the chariman of the Union of
Arab Banks said there will be a private placement of $6.5
billion and a $3.5 billion IPO.

Northern Rock Q4 UK TBA TBA

-UK Treasury is eager to sell nationalised bank Northern
Rock for a profit. It favours a private sale rather than an IPO
as it would be speedier. But on top of the sale price, any
potential buyer would need to replace the 3 billion pounds of
new capital that the government promised to inject into Northern
Rock.

Transdev TBA France TBA TBA

-French utility group Veolia (VIE.PA) is looking at ways to
combine its transport arm with Transdev to create a new European
travel firm that would seek a listing as soon as conditions
permit, Veolia said in a statement on June 9.

Deutsche Bahn 2010 Germany TBA TBA

-The German state railways dropped its IPO plan, which was
due to be the country's biggest since 2000, due to adverse
market conditions. Chief Executive Ruediger Grube hopes the IPO
can be revived in 2010 or 2011.

Svyazinvest TBA Russia TBA TBA

-The state-controlled telecoms giant may hold an IPO on
Western bourses once its reorganisation is completed, its
general director said on May 30.

Newlook 2010 UK TBA TBA

-Fashion chain New Look, which is owned by Apax and Permira
[PERM.UL], has not ruled out an IPO in 2010. It dropped an IPO
in 2007 as investors balked at the 1.8 billion pound price tag.

RZD TBA Russia TBA TBA

-The state-owned rail transport monopoly is expecting an IPO
no earlier than 2011, Vladimir Yakunin, chief executive of RZD
told reporters on May 20.

TBA - To be announced
(Compiled by Daisy Ku)