PropertyEU

Delek forced to aim lower in London IPO

By A staff reporter 2007-04-04T00:00:00

Israeli conglomerate Delek raised £100 mln (EUR 150 mln) from the flotation of its property arm on London's AIM. Delek was looking to raise £150 mln, with a targeted price range of between £2.25 and £2.90 a share. The shares eventually traded in the £2.00 to £2.10 range. The offer ...

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