European IPO investors show reassuring rationality LiamWardProud
The initial public offerings of Volkswagen’s Traton truck business and telecom group Bharti Airtel’s African unit will both price towards the bottom of their initial range, Reuters reported on June 26.
Global Fashion Group on the same day lowered its IPO price to 4.5 euros per share, compared with an initial price range of 6-8 euros.
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