Fortuna's IPO not struggling, it claims
Fortuna, a Czech betting company, has refuted media reports that its IPO has had problems attracting investors. A Czech newspaper, Rzeczpospolita, reported that Polish pension funds, wary of controversial business such as gambling, were not investing. Fortuna is seeking 82 million euros ($114.2 million). It is owned by private equity firm Penta Investments, which is partially exiting the company.
22 October 2010•1 min read
