Oil company, Ophir Energy, is planning a London listing to raise about $500 million, The Telegraph reports. Credit Suisse and JP Morgan have been appointed to manage the offering, which will value the company at $2 billion. The Africa-focused company will sell a quarter of its shares, expected to be listed on the London Stock Exchange. Ophir is 21% owned by Lakshmi Mittal, while its other investors include Mvelaphanda Holdings.

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