Iberia prepares to float

1999-10-01T00:00:00

The initial public offering (IPO) should raise Ptas300 billion ($2 billion) for Iberia's parent, the state-owned holding group Sepi. The sale marks the final step in the full privatisation of Iberia, which should be complete by the end of the year. In April, Sepi sold a 30% stake in Iberia ...

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