TeleGeography reports that GrameenPhone has completed US$60 million worth of pre-IPO share deals with 50 institutional investors, aiming to start trading on secondary stock markets by end-January. The company is now getting ready for the launch of a US$65 million IPO in January. The pre-IPO offering was reportedly three times over-subscribed, with winners buying shares at BDT7.4 (US$0.11) each.
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