Investcom IPO priced at top of range-source

10 Oct, 2005

Middle Eastern telecoms group Investcom has priced its London market debut at the top of its $10.35 to $12.35 range amid keen investor demand, one source familiar with the deal said on October 05.
"It was set at the top," the source said. Industry sources said earlier that the company, which will announce the official pricing of the global depository shares on Thursday morning, had looked set to price the flotation at the top of the range.

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