EQUITIES: Chesapeake Midstream IPO benefits from stability
Chesapeake Midstream Partners, the midstream assets of Chesapeake Energy, priced its initial public offering at the top of the proposed price range to raise US$446.3m. The reception for the week’s other planned IPOs, however, were mixed, as two deals priced but did so below range, another was postponed, and a third was formally withdrawn.
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