The Croatian equity capital markets are poised to enjoy another landmark transaction with the flotation of a 32.5% stake in the country’s largest telecoms operator, T-Hrvatski Telekom (T-HT). As Euromoney went to press Croatian retail interest in the transaction was running at record levels, easily eclipsing the demand for the sale of shares in oil company INA in 2006. In the first three days of the subscription period, more than 60,000 retail investors registered an interest in the flotation, compared with the 47,000 that participated in the INA deal.
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