Warburg's Antero valued at $11 bln after pricing IPO above range - Reuters
Warburg Pincus-controlled oil and natural gas company Antero Resources Corp will go public on Thursday with a valuation of over $11 billion, after the company priced its upsized initial public offering above its indicated range, writes Reuters. Strong demand for the company's shares highlights investor appetite for companies in a sector with vast reserves of natural gas and oil unlocked from underground shale deposits that are driving an energy renaissance in the United States, writes Reuters.
10 October 2013•2 mins read
