Corporate
Jan. 10, 2012
Biodiesel company readies for IPO
In what may end up being the first IPO of the year, biofuel company Renewable Energy Group, Inc. has announced plans to sell roughly 6.8 million shares of common stock.
Daily Journal Staff Writer
In what may end up being the first IPO of the year, biodiesel company Renewable Energy Group Inc. has announced plans to sell roughly 7.2 million shares of common stock.
The Iowa-based company, which converts low-cost waste oils and animal byproducts into fuel, intends to use roughly $12 million of the estimated $103 million to be raised in proceeds to buy a facility it currently leases. The rest will b...
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