Wednesday, January 13, 2010

Indorama to raise US$347 mln in Thailand's biggest IPO since 2006

Indorama Ventures, the parent of Indorama Polymers, plans to raise US$347 mln in an initial public offering (IPO) on Thailand's stock exchange in the country's biggest IPO since 2006. The IPO will be priced around Jan 23 after a management roadshow that ends on Jan 18, the term sheet said.

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