Pursuits

Stock Spirits Said to Get Demand for All Shares Offered in IPO

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Stock Spirits Group, the central European distiller owned by Oaktree Capital Management LLC, got a full take-up of shares in an initial public offering, according to two people familiar with the deal.

The shares were offered in a range of 210 pence to 260 pence each, said the people, who declined to be identified as the details have not yet been made public. The price range implies a market value of 420 million pounds ($685 million) to 520 million pounds, terms of the sale earlier this week showed.