je.st
news
Euskaltel valued at EUR 1.1-1.4 bln in IPO
2015-06-22 11:58:00| Telecompaper Headlines
(Telecompaper) Spanish regional cable operator Euskaltel, operating in the Basque Country, has set a price range of EUR 8.70 to EUR 11.05 per share for the forthcoming IPO of a maximum 69.9 percent of its share capital, valuing the company at around EUR 1.1 billion to 1.4 billion. Spain's market regulator CNMV has approved the accompanying prospectus and, if all goes to plan, Euskaltel shares should start trading on the Madrid stock exchange on 01 July.
Tags: eur
valued
ipo
bln
Category:Telecommunications