Racal Electronics Plc has set this Wednesday, October 12 as Impact Day for the flotation of 20% of its Racal Telecommunications Plc subsidiary, and plans to set the price for the issue tomorrow night: it hopes to set a price at the high end of the 155 pence to 185 pence range, implying a market […]
Racal Electronics Plc has set this Wednesday, October 12 as Impact Day for the flotation of 20% of its Racal Telecommunications Plc subsidiary, and plans to set the price for the issue tomorrow night: it hopes to set a price at the high end of the 155 pence to 185 pence range, implying a market capitalisation of perhaps UKP1,700m for it, which would raise UKP340m for Racal.
