Íslandsbanki ‘oversubscribed’ as it wraps up IPO at top

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Íslandsbanki ‘oversubscribed’ as it wraps up IPO at top

Islandsbanki_bank_logo_alamy_575x375_june14.jpg

Íslandsbanki, the Icelandic bank nationalised during the financial crisis, was finishing its flotation on the Nasdaq Iceland on a strong note on Monday, pricing the IPO at the top of the price range.

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