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Och-Ziff’s New Age mulls IPO

Image Credit: Eczellon Capital

New Age Energy, the Africa-focused oil exploration company backed by, among others, Och-Ziff Capital is reportedly mulling a potential listing. Sources tell the Financial Times that plans for a flotation are at a very early stage and the company, which is in no rush to raise capital, would base its decision on signs of recovery in the oil market.

Read more at the Financial Times…

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