Article: Catch Communications sets new price range for IPO - report.(Initial public offerings)(Brief Article)

NORDIC BUSINESS REPORT-26 March 2004-Catch Communications sets new price range for IPO - report(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com

Norwegian broadband data services company Catch Communications reportedly cut its initial public offering (IPO) price range on Friday (26 March), just three days before floating, blaming a weaker equity market after the bomb attacks in Spain.

A spokesman for the company had reportedly said that the price range was now NOK19.0 to NOK23.0, down from the NOK23.0 to NOK29.0 range set on 16 March by Catch.

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