DONG Energy listing set to value group at up to $16 billion
By Teis Jensen COPENHAGEN (Reuters) - DONG Energy on Thursday set an indicative price range for its planned stock market listing, which could value the Danish utility at up to $16 billion (10.9 billion pounds), potentially making it Europe's biggest flotation this year. The state-controlled company, which also develops offshore wind farms, set its price range at 200 Danish crowns to 255 crowns per share, giving the group a market value of 83.5 billion to 106.5 billion Danish crowns ($12.6-16.0 b
Read more »