Nickel company Merdeka Battery Materials looks to raise $580m in Indonesia IPO

Nickel company Merdeka Battery Materials looks to raise $580m in Indonesia IPO

IPO

Indonesian nickel company Merdeka Battery Materials, a unit of Merdeka Copper Gold plans to raise up to 8.745 trillion rupiah ($580.29 million) in an initial public offering in April, a prospectus published on Tuesday showed.