Vopak gets India regulator nod for joint venture's public listing

Koninklijke Vopak NV

23/04/2025 06:55

Corrects to attribute quote to CFO, not CEO, in paragraph 2

April 23 (Reuters) - Dutch tank storage group Vopak VOPA.AS has received conditional approval for the initial public offering (IPO) of its Indian joint venture, Aegis Vopak (AVTL), from the country's markets regulator, the group said on Wednesday.

The IPO will comprise a primary issue of shares, group CFO Michiel Gilsing told Reuters in an interview following the release of Vopak's first-quarter results.

"We're now working on the updated draft, which will be filed anytime soon," he added.

 (Reporting by Anna Peverieri and Alban Kacher; Editing by Janane Venkatraman)

 ((Anna.Peverieri@thomsonreuters.com;))