Record IPO

27 February 2008

Strabag SE, Austria's largest contractor, raised € 1.33 billion (US$ 1.91 billion) in its October Initial Public Offering (IPO) of shares. It sold 28.2 million shares – 25% of its capital –for € 47 (US$ 65.8) each in the biggest stock market debut in Austrian history. Existing private share holders…

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