RCS&RDS sets IPO price range, to raise up to RON 1.2 bln

Thursday 27 April 2017 | 13:31 CET | News
Romanian operator RCS&RDS will sell 21.74 million class B shares during its IPO in May on the Bucharest stock exchange, according to the prospectus and information provided by brokers to the local press. The company set an indicative price range of RON 38 to 56 per share, and the shares are scheduled to start trading on 16 May. Shareholders are expected to raise up to RON 1.217 billion before costs from the sale of the shares.

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Categories: General
Companies: RCS&RDS
Countries: Romania
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