Vopak's AVTL JV files preliminary IPO prospectus with India regulator

Koninklijke Vopak

19/11/2024 12:40

Nov 19 (Reuters) - Dutch tank storage company
Koninklijke Vopak  VOPA.AS  said its its Indian joint venture
AVTL has filed a preliminary prospectus for an initial public
offering with the Securities and Exchange Board of India. 
    The joint venture aims to proceed with an IPO, first
announced on Oct. 30.
    "The formal approval process with SEBI is expected to take
several months", it said in a statement.
    
    

 (Reporting by Mathias de Rozario, Editing by Louise Heavens)
 ((Mathias.derozario@thomsonreuters.com))