New Viva Energy IPO will suit yield investors

Co-founder of the Switzer Super Report
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The largest IPO to hit the Australian market in some time, Viva Energy, kicks off this week. Viva Energy, which is largely Shell Australia’s old downstream energy assets including petrol service stations and the Geelong refinery, is seeking to raise almost $3 billion from investors. Upon listing, Viva Energy will have a market capitalisation of around $5 billion.

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