Bluestar Adisseo To Raise $1.5B In IPO

Bluestar Adisseo Nutrition Group is seeking to raise about $1.5 billion through a dual listing of shares.

Bluestar Adisseo Nutrition Group is seeking to raise about $1.5 billion through a dual listing of shares, The Wall Street Journal reports. The animal feed maker plans to list its shares in Hong Kong as well as Paris in September.

Morgan Stanley, Deutsche, CCB International, BOC International, Credit Suisse and Goldman Sachs are managing the initial public offering. Bluestar Adisseo is partly owned by U.S. private equity firm Blackstone Group.

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