27-01-2015 13:16 via news.yahoo.com

Swiss-based Sunrise sets price range for market debut

Swiss mobile telecoms company Sunrise priced its initial public offering (IPO) at between 58 and 78 Swiss francs per share on Tuesday, giving the company an implied market value of up to 3.3 billion francs (2.42 billion pounds). The first day of trading on the SIX Swiss Exchange is expected to be on or before Feb. 6, the firm said, in what is potentially Switzerland's biggest flotation since 2006. Sunrise -- Switzerland's No. 2 telecoms operator behind Swisscom and the latest planned capital rai
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