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Wrong numbers: Virgin Mobile’s partial flotation in London last month raised only £125 million of a hoped for £279 million |
There was a time when to call a recent IPO a success when its stock was up 2.3% on the launch price would have been a joke.
In today’s market, though, Pages Jaunes’ e1.8 billion deal spin-off from France Télécom is one of the better performing European IPOs of the year in an environment where 37% are currently trading below offer price.
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