Cellcom IPO Raises $400 Million

Stock quotes in this article: CEL  

Cellcom (CEL Quote), the biggest cellular-phone carrier in Israel, raised $400 million in its initial public offering after pricing its shares above the expected range.

The company sold 20 million shares at an IPO price of $20 each.

Cellcom had been planning to issue 19 million shares and expected the stock to price at $16 to $18. Shares of Cellcom were lately trading at $19.68. The range has been $19.38 to $20.65.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin




Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,270.47 1,093.48 2,167.88 34.29
Oil *
75.55
UP
73.00
UP
6.24
UP
18.86
DOWN
0.17
10 Yr
3.43%
SPDR Gold
109.74
+0.72%
+0.57%
+0.88%
-0.49%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services