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General

Euskaltel prices IPO at EUR 9.50 per share - report

Tuesday 30 June 2015 | 08:30 CET | News
Spanish regional cable operator Euskaltel, operating in the Basque Country, will set a final price of EUR 9.50 per share in its IPO of a maximum 69.9 percent of its share capital, reports Europa Press, citing market sources. At that price, the company's value would be in the region of EUR 1.202 billion. Euskaltel had previously set a price range of EUR 8.7 to 11.05 per share. Spain's market regulator CNMV is set to confirm the share price on 30 June and Euskaltel shares should start trading on the Madrid stock exchange on 01 July.

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Categories: General
Companies: Euskaltel
Countries: Spain
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