Philippine tycoon Razon's Prime Infrastructure eyes up to $400m IPO

Philippine tycoon Razon's Prime Infrastructure eyes up to $400m IPO

A trader takes orders on a telephone at the Philippine Stock Exchange. Source: Reuters

Philippine ports and gaming tycoon Enrique Razon is weighing up launching an initial public offering (IPO) worth up to $400 million for his infrastructure and energy holding company, three sources familiar with the matter said on Tuesday.

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