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Venture Global Goes Public With $60 Billion Valuation

Venture Global Goes Public With $60 Billion Valuation

LNG producer and exporter Venture Global went public this week, raising $1.75 billion for a total valuation of $60 billion. The company priced its share offering at $25 apiece, it said in a statement, which added the offering period will end on January 27. The price of the placement is a lot lower than Venture Global initially planned. The revision came as a result of a negative reaction from potential investors, according to media reports. Initially, the company eyed a market cap of $110 billion, prompting doubts among investors about how realistic…

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