London: Austrian regulators have approved PV backsheet maker Isovoltaic's plan to launch an initial public offering (IPO), in which it plans to float 45% of its equity and expects to raise as much as €300m ($427.2m).. Isovoltaic's two shareholders, CIAG-Beteiligungen and TIBAG Beteiligungen, intend to offer 18 million shares on the Vienna stock exchange, with another 22 million shares to be listed but not sold.
The
