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New Telxius price range expected

Connectivity BusinessbyConnectivity Business
September 27, 2016
in Investments, Space Services
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Telefónica is reportedly likely to narrow the price range for the IPO of its infrastructure unit Telxius in response to investor demand for shares at the lower end. The midpoint of the current range reportedly stands at €3.38bn (US$3.8bn), versus the €3.5bn (US$3.9bn) it had initially hoped to raise. Telefónica (MAD:TEF) is reportedly likely to narrow the […]

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