Vodafone gains from phone float
Tuesday 03 November 1998
There will be three elements to the share offering; a global institutional offering, a public subscription offer in Greece and an employee offering. Warburg Dillon Read is co-ordinating the sale.
The news co-incided with Panafon's half-year results yesterday, which showed income before tax up 62.3 per cent to 26.7bn Greek drachma (pounds 58.4m)in the six months to the end of June on consolidated revenues up 60.7 per cent at Dr89.3bn.
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