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Swiss consumer finance bank GE Money Bank AG on Oct. 16 launched an IPO with a price range of between CHF43 per share and CHF51 per share.
The pricing implies a total market capitalization of between CHF1.29 billion and CHF1.53 billion when the IPO launches at the end of October, at which time the company will be renamed Cembra Money Bank AG. The listing is part of parent General Electric Co.'s plan to pull out...