FACTBOX-European IPO pipeline

June 16 (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)
==============================================================
Newriver Retail Jun 24 UK 412.6 Merrill Lynch

-Shell company focusing on property is chaired by Paul Roy,
a former Merrill Lynch banker while David Lockhart, the founder
of Halladale, is the chief executive.

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. The deal
has been heavily oversubscribed, with individual investors
getting only 11.8 percent of the shares they have applied for.

Poland's centre-right government is pushing through several
privatisation listings in the coming months. Shares will begin
trading on June 25.

Saudi Steel Jun 27- Saudi TBA TBA
Pipes Jul 3

-The company, founded in 1980, will offer 16 million shares,
or 31.4 percent of its capital.

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.

Saudi National Jul 18-24 Saudi 640 TBA
Petrochemical Co

- The company will sell 240 million shares, representing 50
percent of its share capital, at 10 riyals ($2.67) each. Some 80
million shares will be allocated for the General Organization
for Social Insurance, and 80 million shares for the Public
Pension Fund. The remaining 50 percent will be held by Saudi
Industrial Investment Group 2250.SE

Al Mouwasat Aug 15-21 Saudi TBA TBA
Medical Services Co

-The company, which owns hospitals and pharmacies, will sell
7.5 million shares, representing 30 percent of its capital.

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 10 riyals each.

Buruj Cooperative Oct 3-9 Saudi 13.9 TBA
Insurance Co

-BCI is selling 5.2 million shares, or 40 percent of its
share capital, at 10 riyals ($2.67) each.

Gulf General Oct 3-9 Saudi 21.4 TBA
Insurance

-GGI is selling 40 percent of its share capital or 8 million
shares at 10 riyals each.

Winkworth Autumn UK TBA TBA

-Winkworth is a property agency that licenses its brand and
marketing services to independent agents. It was founded by
Siman Agace in 1975.

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 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 chairman 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.

Bank of Alexandria TBA Egypt TBA TBA

-The Egyptian government is mulling selling its 20 percent
stake in the formerly state-owned bank, which was privatised in
2006 with the sale of 80 percent to Italy's Intesa Sanpaolo.

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 baulked 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; editing by Rupert Winchester)