HomeNewsBusinessIPOBILT Paper puts IPO on hold; is paper sector being rerated?

BILT Paper puts IPO on hold; is paper sector being rerated?

Avantha Group's UK arm BILT Paper Plc has put its plan of raising money via IPO on hold.

Avantha Group arm BILT Paper Plc has put its plan of raising money via IPO market in UK on hold. The reason could be the re-rating of paper sector after the Andhra Pradesh Paper Mills' deal with the US-based International Paper.

Amol Rao analyst with Antique Broking confirms that the deal has been instrumental in rerating the paper sector.

first published: Apr 1, 2011 12:30 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

English

Markets

News

Personal Finance

Mutual Funds

Commodities

Media

Invest Now

Specials

BILT Paper puts IPO on hold; is paper sector being rerated?

Avantha Group's UK arm BILT Paper Plc has put its plan of raising money via IPO on hold.

Trending Topics

News

Markets

Personal Finance

Mutual Funds

Tools

Community

Network 18 Sites

Quick Links