Australian chemical distributor Redox targets $264m in country's largest IPO in 2023

Australian chemical distributor Redox targets $264m in country's largest IPO in 2023

Australian Securities Exchange. REUTERS/Steven Saphore

Australian chemical distributor Redox is aiming to raise about A$400 million ($263.96 million) in the biggest Australian new share sale so far in 2023, according to a source with direct knowledge of the matter.