IDE eyes $800m London listing
- From: Vol 8, Issue 11 (November 2007)
- Category: General
- Region: Middle East
- Country: Israel
- Related Companies: Delek Group, IDE Technologies and Israel Chemicals Limited
The Israeli desalter is looking for a jaw-dropping market capitalisation when it goes public next month. CEO Avshalom Felber explains where the company is coming from.
Israel’s IDE Technologies is looking to sell 25% of its stock as Global Depositary Shares on the London Stock Exchange next month for $200 million. The money will go towards funding its 330,000m3/d Hadera project, refinancing loans and expanding the business. GWI took the opportunity to interview the company’s chief executive Avshalom Felber during last ...
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