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IPO of France’s FDJ Draws Retail Investors

George Miller
November 19, 2019
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The IPO of France’s Francaise des Jeux (FDJ) has proved a “popular success,” drawing subscriptions from retail investors worth 1 billion euros.

“It is a tremendous, popular success,” Finance Minister Bruno Le Maire said.

The bookrunner said that the IPO was oversubscribed in a range of 18.50 euros and 19.90 euros. The initial price guidance for the IPO was 16.50–19.90 euros.

Le Maire said that he would set a final price next week, ahead of trading that is due to begin on November 21.

If the listing goes smoothly, it could embolden the government to press on with other big asset sales, such as the sale of airports operator ADP and a stake in power group Engie. The state wants to sell all or part of its 50.6% stake in ADP worth around 8.6 billion euros but opponents have organised an online referendum to stop it.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: IPO of France’s FDJ Draws Retail Investors

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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Bringing the Industry Together

Our impact extends far beyond the digital page. EEGaming.org is a proud host of virtual meetups and industry-leading conferences that spark dialogue, foster collaboration, and drive innovation. Through detailed reports and live events, we create a space where operators, suppliers, regulators, and professional services come together to shape the future of gaming.

Get In Touch

Editorial / PR Submissions: [email protected]
Business & Advertising: [email protected]

Copyright © 2015 - 2026: EEG Gaming
EEGaming.org is proudly part of HIPTHER.
Registered in Estonia under HIPTHER OÜ, Registration no.: 17339889, EU VAT ID: EE102909106.

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