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Stockton company planning to raise £360m by floating on the New York Stock Exchange

written by Bella Palmer
ipo

North East paint company Venator Materials is planning to raise $477m (£360.5m) by floating on the New York Stock Exchange.

Venator, which is set to spin out from parent company Huntsman Corporation, makes a range of pigments and additives used in paints and has offices around the world. Huntsman is known for its success overseas and was named Medium and Large Exporter of the Year in the 2016 North East Exporters’ Awards.

In total the firm employs around 4,500 people worldwide and sells its products in more than 110 countries.

Disclaimer:

The opinions expressed by our writers are their own and do not represent the views of UK Investment Guides. The information provided on UK Investment Guides is intended for informational purposes only. UK Investment Guides is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

Stockton company company Venator Materials

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