EcoCeres is looking to raise $1 billion from an IPO in Hong Kong, Reuters reported Thursday, citing two people familiar with the matter.
The Bain Capital-backed Hong Kong-based company that produces renewable fuels is considering a listing in Hong Kong by the end of 2027, the sources said.
EcoCeres and Bain Capital did not immediately respond to MT Newswires' request for a comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)