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Romanian telco Digi completes IPO of Spanish subsidiary ahead of market debut
Romania's telecommunications group Digi Communications (BVB: DIGI) has completed the initial public offering of its Spanish subsidiary, Digi Spain Telecom, with the final offer price set at EUR 5.60 per share, the company announced in a…
iulian ernst · Journalist
· Updated · 2 min read
Romania's telecommunications group Digi Communications (BVB: DIGI) has completed the initial public offering of its Spanish subsidiary, Digi Spain Telecom, with the final offer price set at EUR 5.60 per share, the company announced in a filing to the Bucharest Stock Exchange, cited by Ziarul Financiar.
The offering comprised 51.3 million shares and was several times oversubscribed, with investor demand significantly exceeding the number of shares available.
