Bluestar Adisseo Plans $1.5B IPO

Animal feed maker Bluestar Adisseo Nutrition Group is planning to raise around $1.5 billion in initial public offering.

Animal feed maker Bluestar Adisseo Nutrition Group is planning to raise around $1.5 billion in initial public offering (IPO), Reuters reports. The China National Chemical backed company will launch the Hong Kong offering in September this year.

BOC International, CCB International, Citigroup, Deutsche Bank, Goldman Sachs and Morgan Stanley have been appointed to manage the offering. The company postponed its IPO plans in November last year.

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