One of the largest food and beverage producer in the world is planning IPO this week
2013-07-03 15:57:11
According to the official information released by the company, Suntory Beverage and Food is planning to issue shares on Tokyo Stock Exchange for the total value of USD 4 billion. This IPO will be second in terms of funds expected to be attracted in 2013. According to Ernst & Young statistics there have been 111 IPOs in Asia with the total value of USD 16 billion. There have been 209 IPOs during the same period in 2012 for the total value of USD 24 billion. Suntory Beverage and Food is multinational holding operating in North and South America, China, Europe, Southeast Asia and Oceania as well as Japan.
UkrAgroConsult comment: Majority of experts do not expect the company to attract the full amount of funds from this IPO. It is clear that Asian markets are more attractive for the companies as there are more opportunities there compared to U.S. and European markets.
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