Malta plans to float on island monopoly

Article Abstract:

Maltacom is set to conduct its initial public offering (IPO) in mid-June 1998 in a move which might generate $250 million in market capital. The government of Malta is putting on sale up to 40% of its interest in Maltacom, of which up to 20% will be offered in global depositary receipts for international investors. The IPO of Maltacom will be the largest in Malta and is expected to enhance the capitalization of the country's exchange by 45% to 60%. Maltacom, whose earnings are estimated to increase from the 35.5 million lire it posted in 1997 to 44.7 million lire ($114.3 million) by the year 2000, has a fixed-telephony service monopoly in the country until 2010.

Comment:

Is set to conduct its initial public offering in mid-June 1998 in a move which might generate $250 mil in market capital

Wired Telecommunications Carriers, Organizational history, Domestic Voice Telephone Service, Malta, Domestic telephone services, Article, Maltacom PLC

---

Euro strengthens against the dollar; will Russia buy?

Article Abstract:

The dollar, in thin trading, hit a new record low against the Euro. There is speculation that Russia would buy Euros, raising concerns that Asian and Middle Eastern Central Banks would follow suit.

Europe, Commodity & service prices, Asia, Russia, Middle East, Economic aspects, Prices and rates, Euro (Currency), Dollar (United States), Company pricing policy, Euro currency transition

---

Similar abstracts:

• Abstracts: Estimation and determination of shortest path length in a road network with obstacles. Ambulance location and relocation models
• Abstracts: The relationship between ethics and firm practices in Russia and the United States. Ethics in international business; multinational approaches to child labor
• Abstracts: Tolerant or intolerant character of interacting criteria in aggregation by the Choquet integral. A method based on multiobjective optimization for deriving a ranking from a fuzzy preference relation
• Abstracts: A model for multiple brand choice. Simultaneous price and due date settings for multiple customer classes
• Abstracts: The effect of lot sizing rules on order variability. Determining a common production cycle time for an economic lot scheduling problem with deteriorating items

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.