Dong to stay private amid Scandi IPO search
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Dong to stay private amid Scandi IPO search

State-owned Danish utility Dong said on Wednesday that it will find the new capital that it needs through a private placement of shares rather than through a revival of the IPO plan ditched in 2008. It disappointed those hoping for Scandinavian ECM issuance, with bankers in the region struggling to find more IPO candidates of sufficient size to attract investors.

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