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Electrica IPO brings 1.95 bln lei

The Electrica Company got 1.95 billion lei from its initial public offering at the Bucharest Stock Exchange; the end price of the IPO for shares sold to major investors was set at 11 lei per share, a company's release informed on Friday. (1 euro=4.3888 lei)'The final pricing of the IPO for shares sold to institutional and corporate retail investors has been set at 11 lei/share and 13.66 US dollars/GDR (global depository receipt. The IPO ...

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