QGOG Launches IPO

Jan 28, 2013

Brazil's Queiroz Galvao Oleo e Gas (QGOG) has moved ahead with its IPO, seeking to raise at least $600m and price February 7. The US-registered deal contemplates the sale of 31.6m primary shares, assuming a 15% greenshoe, at $19-$21, meaning a $632m transaction if done at the midpoint. The oil services provider is raising funds to...

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