Vodafone - The Successful Flotation
Time: Wednesday Oct 26, 1988
Place: Newbury, England, U.K.
Details: On 26 October 1988, Racal Telecom, the majority held by Racal Electronics, went public on the London Stock Exchange with 20% of its stock floated. The successful flotation led to a situation where Racal's stake in Racal Telecom was valued more than the whole of Racal Electronics.
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