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PartyGaming confirms IPO price range at 111-127p/share



Printer Friendly VersionPost a CommentTell a Friend about this Article15 June 2005
As reported by: AFX
PartyGaming PLC, the world's largest internet poker company, has confirmed the price range for its planned initial public offering at 111-127 pence.

At the mid-point of this range a market capitalisation of approximately 4.76 bln stg is implied for the Gibraltar-based group, giving it a FTSE 100 index listing.

However, the implied market cap is lower than the 10.5 bln usd PartyGaming had indicated in pre-marketing literature.


Article By: AFX

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