Penrice Soda Holdings will be listed on the Australian Stock Exchange in July 2005 after an AUD 87 million initial public offering announced on 1 June 2005.
Penrice is seeking to to buy out its owner…
Penrice Soda Holdings will be listed on the Australian Stock Exchange in July 2005 after an AUD 87 million initial public offering announced on 1 June 2005. Penrice is seeking to to buy out its owners, private equity funds Quadrant Capital Fund No. 3 and Colonial First State Private Equity, and expects its initial public offer to be fully subscribed. Penrice supplies 74% of Australia“s soda ash. In addition, the company produces limestone, a key ingredient of soda ash.