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Services :: Shipping
Avance Gas plans IPO, to list on Oslo Stock Exchange
4:16 AM MDT | March 12, 2014 | Natasha Alperowicz
Avance Gas Holding, which operates in the global market for transportation of liquefied petroleum gas (LPG), today announced that it is planning an initial public offering (IPO) of shares and listing on the Oslo Stock Exchange (OSE). Subject to receiving the relevant corporate and regulatory approvals from the OSE as well as prevailing market conditions, the IPO is expected to price in April 2014. Avance Gas was established in 2007 by Stolt-Nielsen to participate in the fast growing LPG market. Since then, the company has grown its fleet through...
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