Dong Energy IPO Set to Value Company as High as $16 Billion

  • Denmark’s state utility targets DKK200-255 share price range
  • First day of trading in Dong Energy shares set to be June 9

A gas fired power station operated by Dong Energy A/S, operates beyond harbor boats in Copenhagen.

Photographer: Freya Ingrid Morales/Bloomberg

Dong Energy A/S may be valued as high as 106.5 billion kroner ($16 billion) in an initial public offering, marking what looks set to become Denmark’s biggest public share sale in decades.

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