Telefónica Moviles may shrink to Eu6bn for November IPO

28 Sep 2000

The IPO of Spain's Telefónica Moviles, Telefónica's subsidiary, scheduled for the end of November could be smaller than expected, raising Eu6bn.

JP Morgan, Morgan Stanley Dean Witter, Credit Suisse First Boston, La Caixa, and BBVA will co-ordinate the deal.

"There is a high probability that ...

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