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TVN $150 million shares listing in mid November?

The decision would be made similarly to the recent permission of stock in BorsodChem, outside the regular meeting of the Commission. "We have received an update of the issue prospectus. There is a good chance that the decision will be made by the end of the week," said a person from KPWiG. TVN would publish the prospectus one week after this, while the floatation would be made in the second half of November if market conditions were favorable. The station would offer existing shares worth $100-150 million, half of which would be offered to foreign investors. (Puls Biznesu, p. 6) M.M.

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