Monday January 27, 2020

IPL shareholders plan to buy into public offering

It is thought that some of the larger agricultural co-ops on IPL’s shareholder register are likely now to participate in the share sale

22nd April, 2018

Existing shareholders in IPL Plastics, the Irish manufacturer formerly known as One51, are likely to be active participants in the company’s upcoming €125 million initial public offering.

Market sources said that several of the existing shareholders in the group, which is planning to list on the Canadian stock market this summer, have communicated to the company their intention to buy into the IPO rather than have their shareholding diluted.

It is thought that...

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