Karoon Backs Off Brazil IPO
Nov 19, 2010
Karoon Gas Australia has indefinitely postponed the IPO of its Brazilian unit that had been expected Thursday, citing market conditions, according to bankers on the deal. Though Brazil’s Bovespa rose 1.5% Thursday along with global equity markets, selloffs this week on discouraging European headlines...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.