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Karoon Gas IPO Due Today

Nov 18, 2010

Karoon Gas Australia plans to price the IPO of its Brazilian subsidiary today, a deal expected to raise more than BRL1bn. After a week’s postponement, Karoon, the owner of exploration blocks in Brazil and Peru, plans to sell 1.03m...

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

Jan Dehn, Ashmore Investment Management