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Crimea crisis could be poison to OW's IPO ambitions

The extremely tense situation between Russia and the Ukraine is just about the worst thing that can happen to a company aiming for an IPO. Right now, OW Bunker owner Altor is facing the dilemma.

Photo: LANGKILDE MORTEN

For private equity fund Altor, the violent escalation of the crisis between the Ukraine and Russia is just about the worst thing that could happen. According to Danish newspaper Berlingske, in just a few days Altor will begin the process intended to secure a stock listing for one of the world's two largest bunker companies. And in a situation like this, a crisis where one can barely imagine the worst case scenario is pretty much the worst thing that can happen.

ShippingWatch has spoken to a series of stock exchange expects, who explain that "a foreseeable or understandable" degree of uncertainty is manageable, but they stress that the colossal uncertainty currently ravaging Crimea could be pure poison to the financial markets.

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