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LNG exporter Venture Global slashes IPO price range
LNG exporter Venture Global cuts target valuation for US IPO to $65.3 billion
By Manya Saini (Reuters) -LNG exporter Venture Global on Wednesday slashed the valuation it was seeking from its U.S. initial public offering to as much as $65.33 billion, significantly lower than the more than $100 billion it had initially aimed.
LNG exporter Venture Global slashes IPO price range despite President Trump’s pro-energy push
Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.
Venture Global LNG reportedly considering lowering US IPO price range
The company plans to increase its share offering from 50 million to up to 62 million in its potential New York flotation.
Gulfbusiness.com on MSN
5h
Oman’s Asyad Group plans to sell at least 20% of shipping unit via IPO
Asyad Shipping transports LNG, crude oil, and other products and counts BP, Shell and trading firm Trafigura among its ...
2d
Infinity Natural eyes up to $1.2 bln valuation in US IPO
Oil producer Infinity Natural Resources is targeting a valuation of up to $1.24 billion in its initial public offering, joining a cluster of industry players that have rushed to list their shares in ...
3d
on MSN
The Aspiring $110 Billion Energy Company Banking on Trump’s Return
U.S. natural gas exporter Venture Global plans to go public at an auspicious time for the LNG industry, cementing the firm’s ...
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