Markets
4.7
Tommy Grupe IPO to float 25-27% stake, rare Croatian listing
Published 16 h ago1 sourceEvidence: Reported
SeverityModerateAssessedDeveloping storyPoslovni DnevnikLow-rated sourceHR
Mina el Moto, a mining company, plans to list on the London Stock Exchange, aiming for a valuation of up to €750 million. The IPO will place about 25% of its capital to raise approximately €175 million for mine development. This signals capital markets activity in the mining sector, with implications for equity supply and sector sentiment.
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