Ashmore Throws in IPO Towel

Nov 2, 2009

Ashmore Energy International (AEI) has pulled its IPO on the NYSE, blaming market conditions. The Houston-headquartered holding company, most of whose assets are in LatAm, was most recently scheduled to price its offer on October 28. AEI...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management