Fred. Olsen Windcarrier puts IPO on hold
The market conditions for a public listing has deteriorated, ”not least by geopolitical tensions,” says the wind carrier as explanation for putting its IPO on indefinite hold.
by maz plechinger
Fred. Olsen Windcarrier (FOWIC) isn’t going public after all – at least not this time. The Norwegian wind service operator announced in early February its plans to issue 26 million shares at an expected value of NOK 1,495m (USD 167.7m). But three days prior to its Oslo listing becoming a reality, the process is halted.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Fred. Olsen Windcarrier sets Oslo IPO stock price
For subscribers
Fred. Olsen Windcarrier to seek Oslo IPO
For subscribers
