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Thai Meat Producer Betagro Seeks $554 Million in IPO, Sources Say

  • Firm could launch the share sale as soon as September
  • Betagro’s IPO could be Thailand’s second biggest this year

Betagro Pcl, a Thai meat producer, is seeking to raise about 20 billion baht ($554 million) in what would be the country’s second-largest initial public offering this year, according to people familiar with the matter. 

The company is marketing its shares to institutional investors and could launch the offering as early as next month, the people said, asking not to be identified discussing confidential information.