Spain's Iberdrola sets IPO price at 5.3-7 euros
Spanish utility Iberdrola on Tuesday set the price range for the stock market flotation of its renewables subsidiary at 5.3 to 7 euros per share.
In a statement to the Spanish stock market regulator, the utility said 80 percent of the listing would be earmarked for institutional investors and 20 percent to
retail investors.
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