Tuesday, June 28, 2011

Where's my IPO

Was anyone, other than ourselves, wondering what happened to the Bankia IPO. Scheduled originally for last Thursday, it was postponed to yesterday so as to not to conflict with St. Jean Baptiste celebrations in Québec. Then nothing.

Cinco Días is reporting that the entire plan will be postponed, possibly until September, if the Greek parliament does not approve a creditor-mandated austerity plan.

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