Shares in used car dealer AAA rise in bourse debut

Newswire

PRAGUE, Sept 24 (Reuters) - Shares in Czech used car dealership AAA Auto rose 2.7 percent to 56.50 crowns in their debut on the Prague Stock Exchange on Monday. AAA shares were priced at 55 crowns in an initial public offering, the first IPO of the year for the Prague bourse, valuing the the company at 139 million euros ($196.1 million). Trading in AAA is expected to start in Budapest on Wednesday.

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