Scrapped Utility IPO Dents Hopes for Prague Exchange Revival

Updated on
  • Czech energy group EPH cancels plan to float unit this quarter
  • Bourse expects GE's bank unit to start trading May 6 after IPO

Czech energy group Energeticky a Prumyslovy Holding AS scrapped plans to sell shares in its unit on the Prague Stock Exchange, weakening the chances of a revival in equity offerings and trading on the bourse.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.