Estonia completes largest Baltic offer

Article Abstract:

Last month, Estonia successfully finished the IPO of a 26.2% stake in telecommunications company Eesti Telekom, with shares priced at EKr85 each. At the end of the the first day of trading, the shares had risen 35.3%. The offer is considered a landmark by the Estonian government because it was subscribed in both domestic and international arenas. The international demand totalled nearly US$4bn. The Estonian government's stake went from 100% to 51% as a result of the offer.

Comment:

Last month, Estonia finished IPO of 26.2% stake in telecom Eesti Telekom, with shares priced at EKr85 each.

Organizational history, Estonia, Privatization, Privatization (Business), Eesti Telekom

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Netia floated on Nasdaq

Article Abstract:

The article discusses the July 29, 1999, Nasdaq flotation of Netia Holdings, the largest Polish private fixed-line telecommunications service provider. Details about the flotation, including financial statistics such as investments and the number of Netia subscribers, and information about global co-ordinators and shareholders, are presented.

United States, Poland, Securities issued, listed, Netia Holdings

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