ViOil Holding is aiming to sell shares worth $144-187 million in an initial public offering (IPO), Bloomberg reports. The Ukrainian sunflower-oil producer will offer 26 million new shares and 5.9 million existing shares. The company intends to use the proceeds from the offering to fund investments in oilseeds, along with storage and processing facilities. ViOil, which plans to list on the Warsaw Stock Exchange, has appointed Credit Suisse Securities (Europe), Concorde and the brokerage arm of BRE Bank for the offering.
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