Prague rises to Warsaw’s Fortuna challenge
Fortuna Entertainment Group, the gambling operator, on Friday became the first company to list on the Prague stock exchange since the start of the financial crisis in a deal that gave it a Eu223.6m market capitalisation. The company is also listing in Warsaw and it had been expected that the Polish exchange would take the bulk of the deal and provide most liquidity, but, in the event, some 60% of the deal was allocated to the Czech Republic.
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