Aftermarket eyed as Telefonica prepares to price

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Aftermarket eyed as Telefonica prepares to price

October 29, 2012 12:00 AM

Telefonica Deutschland is set to price a €1.24bn-€1.26bn IPO on Monday evening after guidance was tightened a second time at the start of the day but bankers will be looking to the aftermarket as the real test for the IPO market to give confidence for future deals.

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