inghams: Its owners, the US private equity firm TPG, has indicated it will sell between 50 to 70 per cent of Inghams, according to Australian Broadcasting Corporation. Lodging the prospectus, Inghams has an indicative share price of between $3.57 and $4.14. Map: Sydney 2000 Australia largest poultry company Inghams will list on the Australian Stock Exchange in November, with the company value set between $1.3 and $1.5 billion. The company expects to raise between $767.6 million and $1.12 billion from investors. Peter Pedwell, the owner of industry magazine Poultry Digest, said it was the first time in decades that a major chicken company had floated on the stock exchange. "This will be the first time since Goodman Fielder owned Steggles, which merged into Baiada," he said. " It's the first time in about 25 years that we've had a publicly listed company as a major chicken supplier." TPG installed new management after it bought the business from Bob Ingham in June 2013. If it reaches this price, it will be the biggest share listing for 2016.
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