Real estate project in Bucharest (Image: One United Properties)
Sunday, 4 July 2021 06:58
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The largest initial public offering Bucharest has seen in four years was completed with a significant Swiss boost.
Romanian real estate developer One United Properties completed the largest initial public offering (IPO) seen on the Bucharest Stock Exchange in the last four years, according to a statement.
The IPO gave the company a market capitalization of about 580 million euros ($687 million) after receiving $63 million in investor proceeds. This makes One United Properties the third-largest Romanian enterprise listed on the Bucharest Stock Exchange and one of the country s top ten listings when subsidiaries of foreign companies and public utilities are included.
One United Properties completes its IPO on the Bucharest Stock Exchange
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