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Technology Stocks : United Pan-Europe Communications - UPC (UPCOY) -- Ignore unavailable to you. Want to Upgrade?


To: Lao Ou who wrote (9)2/9/1999 8:56:00 AM
From: Rajiv  Respond to of 95
 
Will UPCOY also get its IPO in Europe ?

Yes.

The IPO involves 40 million shares - 22.4 million shares in Europe and 17.6 million shares in the US.

MSFT will be buying 300 million worth of stock (around 10 million shares) - these shares will be coming from the 17.6 million US component of the IPO.

Besides the above 40 million shares, UIHIA owns 77 million shares and the employees own around 6 million shares.

Total # of outstanding shares - 123 million

Regards.
Rajiv