Listing of Denmark's DONG Energy postponed until after parliamentary election |
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Wed, 24 Oct 2007 13:47
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COPENHAGEN (Thomson Financial) - The planned stock market listing of state-owned Danish energy group DONG Energy AS will not be carried out until next year due to the early parliamentary elections scheduled for November 13, Denmark's ministry of finance said.The Danish parliamentary parties have previously decided on a listing of DONG's shares, but will not be able to take up work preparing for it until the election has been held and the new parliament installed, the ministry said.'As a consequence it will not as previously expected be possible to carry through the listing before the end of 2007,' it added.gustav.sandstrom@thomson.comgs/rwCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Danish government to announce early elections today - report UPDATE 