BLOOMBERG.COM
Kuwait Energy Plc, an oil and gas explorer, plans an initial public offering that would make it the first company from the OPEC nation to have its stock traded on the London Stock Exchange. The company expects to raise about $150 million in the IPO, it said in a filing to the bourse on Wednesday. The shares should start trading in June, the independent energy producer said.
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Kuwait Energy Plc, an oil and gas explorer, plans an initial public offering that would make it the first company from the OPEC nation to have its stock traded on the London Stock Exchange. The company expects to raise about $150 million in the IPO, it said in a filing to the bourse on Wednesday. The shares should start trading in June, the independent energy producer said.
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