Realia may cut IPO price by 20%, Confidencial says

By A staff reporter 2007-06-04T00:00:00

Realia may cut the share price of its initial public offering (IPO) by around 20% because of weak institutional demand, Spanish news website El Confidencial has claimed. Realia, jointly owned by Spanish savings bank Caja Madrid and construction company FCC, may see its share price range reduced from EUR 7.90 ...

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