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Biggest IPO in Denmark's history may price Dong at S$14.9b

State utility Dong Energy, which comprises units in oil, gas, wind parks and distribution networks, could be worth as much as 70 billion kroner (S$14.9 billion), according to a Sydbank analyst.


DENMARK is preparing what may become the biggest initial public offering (IPO) in the nation's history as it sets a road map for the sale of state utility Dong Energy.

The government is giving itself a maximum of 18 months, but Finance Minister Claus Hjort Frederiksen