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Czech gaming operator Fortuna launches €81.9m IPO

12th October 2010 7:15 am GMT

With the net proceeds set to be used to launch lottery operations in the Czech Republic via its partnership with Intralot, Fortuna Entertainment Group has confirmed a maximum price per share of €4.50 for the launch of an Initial Public Offering (IPO) of its existing and newly issued shares to investors in the Czech Republic, Poland and Slovakia – valuing the IPO at a maximum value of €81.9m.

Fortuna said that the IPO comprises a total [...]

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