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DGL valued at more than 24x earnings in A$257m IPO

About A$40m will be raised for future growth opportunities.

The IPO of trans-Tasman specialty chemicals company DGL Group has been priced at more than 24 times earnings and aims to raise A$100 million at A$1 a share.

DGL has become a one-stop shop for customers who need to move, blend, formulate and treat chemicals and chemical waste and has grown close

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Hamish McNicol Tue, 04 May 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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DGL valued at more than 24x earnings in A$257m IPO
General Business,
87221
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