Petroplus IPO to make rich return for VCs

17 Nov 2006

Credit Suisse, Morgan Stanley and UBS expect an enthusiastic response from investors for the Sfr2.46bn ($2.18m) Swiss IPO of Dutch oil refiner Petroplus, despite a softening of energy prices in recent months.

A price range of Sfr55-Sfr68 for the 40m share deal was announced on Monday, making the deal ...

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