Tele Columbus IPO covered, price range may narrow

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Tele Columbus IPO covered, price range may narrow

Tele Columbus’s IPO is oversubscribed, with demand coming in at a variety of levels within the €8 to €12 a share range.

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