Warimpex Finanz- und Beteiligungs, a hotel property investor in central and eastern Europe, announced it has raised EUR 110 mln through an Initial Public Offering to help expansion of its fund in Europe. Warimpex has sold 10 million shares at a price of EUR 11 each, the company said in a press release issued on Wednesday. The shares will start trading on the Vienna stock market on January 26 and on the Warsaw exchange three days later.
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