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IPO Fever

A sampling of big European share issues this year:

ENDESA (Spain)
The government's $8.6 billion sell-off of 33% of the giant utility on June 9 was heavily oversubscribed

THOMSON TRAVEL GROUP (Britain)
Parent Thomson Corp. off the travel unit on May 11 and used the $2.8 billion to pay down debt

COMPUTACENTER (Britain)
Computer-services outfit will use the $542 million it raised on May 21 to expand on the Continent

JENOPTIK (Germany)
State-controlled technology company is going public on June 16, issuing 22.7 million shares for up to $430 million

RHODIA (France)
Pharmaceutical giant Rhone-Poulenc spun off 30% of its specialty chemical unit for $1 billion on June 8

DATA: MORGAN STANLEY DEAN WITTER & CO., BUSINESS WEEK


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Updated June 11, 1998 by bwwebmaster
Copyright 1998, Bloomberg L.P.
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