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Fadesa finally makes it

30 April 2004 By Fiona Maharg-Bravo

Technical glitches delayed the debut of Fadesa, Spain s first IPO in nearly two years. That didn’t stop shares from rising, even if they don’t look too cheap. Telecinco, due to list this summer, looks to have an easy ride. Fadesa, Spain’s first IPO in nearly two years had a successful debut despite technical glitches and a risky business model. The likes of Telecinco, due to list this summer, look to have an easy ride.

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