Vivo Energy launched on the London Stock Exchange on Friday with a valuation of nearly £2-billion ($2.7-billion), the largest London IPO of the year. The initial offer price for the just under 30 percent of the company floated was set at 165p a share and the shares advanced to 169.50p in conditional trading.
Source: www.engineeringnews.co.za
Vivo Energy, Vitol’s Africa venture, floats with £2bn valuation
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