FRANKFURT, Jan 29 (Reuters) - Prospective investors in the initial public offering of LEG are being told shares in the German real estate group will likely sell within a price range of 43-45 euros ($57.88-60.57) a share, three financial sources told Reuters on Monday.
“The books are covered at 44 euros a share,” one of the people said. “Books are covered including greenshoe,” another source said.
LEG, which initially gave an outlook for a 41-47 euro range, is due to decide on a final price on Thursday with trading to start on Friday. ($1 = 0.7429 euros) (Reporting by Arno Schuetze, Alexander Hübner and Kylie MacLellan)