Thursday, June 21, 2007

Man IPO pricing values U.S. arm at up to $5 bln

(Reuters) - Man, which unveiled plans in March to demerge the unit, said on Thursday that it had set the range for the initial public offering at $36 to $39 a share.




Michael Long, an analyst at Keefe, Bruyette & Woods, told Reuters the valuation was slightly above his expectations.


Read more at Reuters.com Mergers News

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