Скачать или смотреть Spanish airports group Aena's shares take off

Shares in state-owned Spanish airports group Aena took off after they went on sale in Madrid. They rose close to 20 percent from the initial public offering (IPO) price.

There was strong demand from investors betting on the country's economic recovery. The IPO was more than five times oversubscribed.

The Madrid government is raising close to four billion euros with the sale of a minority stake. It plans to keep control with at least 51 percent.

The money will be used to pay down public debt.…
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