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People & Business :: Earnings/Finance

OCI Partners launches IPO at $18/share

9:59 AM MDT | October 7, 2013 | Clay Boswell

Methanol producer OCI Partners (OCIP) has priced its initial public offering of 17.5 million common units at $18/share, lower than its previous estimate of $19-20/share. OCIP said it expects the offering, which began on 4 October, to bring net proceeds of $291 million by the time it closes on 9 October....

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