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Philion plans stock market listing, capital increase

Friday 15 March 2019 | 09:08 CET | News
German mobile retailer Philion announced plans to raise new capital and list on the main Xetra exchange. The company will first list 2 million of its existing shares on the Duesseldorf stock exchange in the next few weeks, subject to approval of the Federal Financial Supervisory Authority (Bafin). Subsequently, a Xetra listing is planned. The company then plans to carry out a capital increase to help finance additional acquisitions and increase its free flot. 

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Categories: Mobile & Wireless
Companies: Philion
Countries: Germany
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