Business & Finance
Digi Spanish Unit Shares Rise 7% in Debut After €287 Million IPO
Key Points
Deals Digi Spanish Unit Shares Rise 7% in Debut After €287 Million IPO Digi Spain Telecom SA shares opened higher their debut in Spain on Thursday, completing a rare initial public offering in the country. The Spanish unit of Romanian mobile carrier Digi Communications NV shares opened at €6, about 7% above the €5.60 per share price set in its IPO.
Deals
Digi Spanish Unit Shares Rise 7% in Debut After €287 Million IPO
Digi Spain Telecom SA shares opened higher their debut in Spain on Thursday, completing a rare initial public offering in the country.
The Spanish unit of Romanian mobile carrier Digi Communications NV shares opened at €6, about 7% above the €5.60 per share price set in its IPO. Digi Spain raised about €150 million in the offering, while its parent company sold €137 million worth of shares. Digi Romania may raise a further €43 million if an overallotment option is exercised.