Spain's Telepizza seeks to raise 550 million euros in its IPO

April 15, 2016 3:08 PM

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MADRID, April 15 Spanish fast-food company Telepizza said on Friday it plans to list with an issue worth 550 million euros ($621.34 million) through new shares and a secondary offering of existing shares by current lone shareholder Foodco Finance.

Telepizza said in its prospectus it planned to price its listing on the domestic stock market at between 7 euros and 9.5 euros per share when it floats on April 27.

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