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Vodafone

The Successful Flotation

Wednesday Oct 26, 1988
Newbury, England, U.K.

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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