Scorpio Tankers Inc, Oil tanker operator filed with U.S. regulators on Thursday to raise up to about $173 million in an initial public offering of its common stock.. For the Latest information regarding World News and Stock Information, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Scorpio Tankers Inc, Oil tanker operator filed with U.S. regulators on Thursday to raise up to about $173 million in an initial public offering of its common stock. The company said it expects the IPO to be priced between $14 and $16 per share and plans to issue about 12.5 million shares.
Underwriters for the IPO, led by Morgan Stanley and Dahlman Rose & Co, will have an over-allotment option of about 1.9 million shares.
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