Avance Gas aiming for Oslo IPO
The Norwegian gas alliance between Stolt-Nielsen, Sungas Holdings and Frontline 2012 - Avance Gas - is now aiming for an IPO on the Oslo Stock Exchange. A platform for further growth, says the company's Chairman.
BY KATRINE GRØNVALD RAUN
The large-scale gas collaboration between Stolt-Nielsen, Sungas Holdings and, most recently, Frontline 2012 - Avance Gas, which operates VLGC's - is aiming for an IPO on the Oslo Stock Exchange. The company is currently awaiting the relevant approvals and expects to set a price in April.
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