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ECI files for London IPO to raise up to USD 230 mln

Thursday 20 September 2018 | 12:08 CET | News
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ECI Telecom has confirmed plans for an initial public offering of shares in London. The Israel-based equipment vendor expects to raise up to USD 230 million to help pay off debt and buy back preferred shares, while its existing shareholder may also sell shares in the offer. The UK's Financial Conduct Authority has already approved the company's registration document for the IPO. 

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Categories: General
Companies: ECI
Countries: World
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