Doncasters US IPO Said to Be More than 30 Times Oversubscribed (opens original article in a new tab)

Doncasters Group's US IPO was more than 30 times oversubscribed with strong investor demand, potentially raising over $700 million at the top of its price range.

• Doncasters Group's US IPO received over 30 times the demand for available shares
• The IPO is expected to price at $1 or $2 above the $28-$32 range, potentially raising $746.6 million
• Qatar Investment Authority plans to invest $75 million in a separate private placement