SANEF shares priced at 41 euros, high-end of range

Newswire

PARIS, March 23 (Reuters) - Shares in French motorway firm Autoroutes du Nord et de l'Est de la France have been priced at 41 euros for their debut on the Paris bourse on Thursday, France's Finance Ministry said on Wednesday.

The offering of the stake was 14 times oversubscribed by institutional investors. A further 1.7 million orders were received from retail buyers totalling more than 2 billion euros.

The price was at the high end of a 36 to 41 euro range.

The ...

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