O2 Germany shares strong in unofficial trade before listing

Newswire

FRANKFURT/MADRID, Oct 30 (Reuters) - Shares in Telefonica's O2-branded German unit were trading above their initial public offering price in unofficial trading on Tuesday, before their listing, Europe's largest in more than a year. Shares in the telecom provider, which were placed with investors for 5.60 euros each on Monday, saw bids and offers ranging between 5.63 euros and 5.75 euros at 0715 GMT. "Trading volumes are modest," said a Frankfurt-based ...

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