Monday, March 27

Eni’s Vaar Energi sets out $9 bln Oslo IPO

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OSLO — Oil and gas firm Vaar Energi said on Friday its planned stock market listing could value the Eni spin-off at up to 79 billion Norwegian crowns ($9.08 billion) when it goes public in Oslo this month.

($1 = 8.6999 Norwegian crowns) (Reporting by Terje Solsvik; editing by Richard Pullin)