Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Swisscom float

Sunday 13 September 1998 23:02 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

SHARES IN the state-owned Swiss telecoms company Swisscom are to be priced in a range of 330 to 410 Swiss francs when the company is floated in October, the Swiss government announced.

Based on the indicated range, the issue would be valued at between SFr7.28bn (pounds 3.2bn) and Sfr9.05bn, making it the largest initial public offering in Switzerland ever, and the largest in Europe this year. The offering is to go ahead as planned despite recent upsets on world equity markets.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in