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Markets welcome Accenture debut
Accenture’s share price slipped back to its opening level by the end of July after an apparently successful IPO.
The financial markets seemed to welcome Accenture to the fold. Shares went on sale in mid-month at the upper end of the $13 to $15 price range proposed, and they rose 4% on the first day of trading to stand at over $15. Accenture raised an estimated $1.67 billion from its IPO.
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International Consultants' News 2001
Copyright © 2001 PMP
(UK) Ltd.
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