In the first initial public offering in the Czech Republic since May 2008, Central European betting and gaming operator Fortuna Entertainment Group has raised €78.26m after the company confirmed the final pricing of its IPO at €4.30 per share, in an offering that was nearly twice oversubscribed.
Fortuna said that interest and demand for its shares “surprised” the company, as it sold a total of 18,200,000 shares including 2,000,000 newly issued shares – representing 35 per [...]
