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HONG KONG, Dec 10 (Reuters) - Uni-President China Holdings Ltd raised US$477 million by pricing its Hong Kong initial public offering at the middle of an indicated range, a source familiar with the deal said on Monday.
The company, which is a spin-off from leading Taiwan good conglomerate Uni-President Enterprises (1216.TW), sold 881.72 million shares, or 25 percent of its enlarged share capital, at HK$4.22 each, compared with a designated range of HK$3.75-HK$4.68 each.
The institutional portion has been more than 10 times covered, the source added.
Reporting by Kennix Chim, editing by Ken Wills