Through a combination of a lower valuation and fewer shares, the relaunched offer accounted for about one-third of the initial one, which attempted to raise between $285.7 million and $373.6 million.
Still, the company, which is an integrated supplier of marine fuel, was able to raise some fresh capital towards the purchase of more ships and barges and the construction of new terminal facilities with the aim of boosting volumes and expanding margins. Some of the money may also be used for potential acquisitions...
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