GTT of France Starts IPO

Gaz Transport & Technigaz (GTT), world leader in the design of membrane containment systems for the maritime transportation and storage of LNG, said it has launched an initial public offering (IPO) that could raise up to 675 million euros ($924 million).

GTT said it would be offering 13.5 million shares. Indicative price for the shares was set at between 41 to 50 euros per share.

The final pricing will be set on February 26 and trading will kick off on Euronext in Paris on Feb 27.

GDF Suez has a 40 percent stake in GTT, while Total and Hellman & Friedman own 30 percent each.

LNG World News Staff, February 17, 2014; Image: GTT

 

Share this article

Follow LNG World News

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >