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Shell Philippines to offer country’s largest IPO

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Shell Philippines is looking to raise up to $629million for what could be the country’s third and largest initial public offering (IPO).


The company, a unit of Shell, plans to offer 330million primary and secondary shares at up to 90 pesos per share.


The IPO would be bigger than the $532million share sale made earlier this month by Cemex Holdings Phillipines.


https://www.energyvoice.com/oilandgas/115451/shell-philippines-offer-countrys-largest-ipo/


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