COPENHAGEN, March 5 Danish ship fuel supplier OW
Bunker said Nordic private equity company Altor
aimed to sell up to 60 percent of it shares via an initial
public offering (IPO).
"It will be between 40 and 60 percent that will be sold. In
addition to that, a small amount of new shares will be sold," OW
Bunker Chief Executive Jim Pedersen told Reuters on Wednesday.
OW Bunker, which has a share of around 7 percent of the
global shipping fuel market, said on Wednesday it intended to
list its shares on Nasdaq OMX Copenhagen, confirming what
sources familiar with the matter had told Reuters on Monday.
(Reporting by Ole Mikkelsen; editing by Tom Pfeiffer)