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GreeceBusinessPPC covers book-building process for Greek investors

PPC covers book-building process for Greek investors

Hellenic News of America
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A book-building process of a share capital increase plan launched by Public Power Corporation was fully covered for Greek investors, sources said on Wednesday.

This means that an additional 200 million euros were covered, a day after PPC said that bids submitted during the first day of the book-building process on Tuesday totaled more than 3.0 billion euros, more than two times the asked sum of 1.35 billion euros. The book-building process will remain open until Thursday, and according to the timetable of the share capital increase plan, trading of the new shares will begin in November 16.

SOURCE: AMNA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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