Hidroelectrica likely valued at EUR 9.4 bln under heavily oversubscribed IPO
The initial public offering (IPO) of Romanian hydropower company Hidroelectrica (BSE: H2O) was priced at RON 104 per share, which is in the upper half of the price interval (RON 94-112), implying a valuation of EUR 9.4 billion for the whole company. At this price, Fondul Proprietatea (BSE: FP),...
Morgan Stanley Europe Auerbach Grayson Fondul Proprietatea Bogdan Badea Banca Comerciala Romana Company Financial Services
Source: romania-insider.com