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Books in Sunrise IPO to close Feb. 4, earlier than planned-sources

Reuters - UK Focus

ZURICH/FRANKFURT, Feb 4 (Reuters) - Books in the stock market flotation of Swiss telecoms firm Sunrise (Taiwan OTC: 2720.TWO - news) will close on Feb. 4 at 1630 GMT, earlier than previously expected, two sources familiar with the matter said on Wednesday.

"Books will close to new orders at 1730 Swiss time today," one of the sources said.

On Tuesday, Reuters reported Sunrise, which is backed by European private equity fund CVC (Taiwan OTC: 4744.TWO - news) , will likely sell its shares at between 65 and 70 Swiss francs apiece in the stock market listing.

A spokesman for Sunrise was not immediately available for comment. (Reporting by Ruppert Pretterklieber in Zurich and Arno Schuetze in Frankfurt; Writing by Joshua Franklin; Editing by Mark Potter)