Osotspa launches Thailand's first major IPO in 2018

It may not be as famous internationally as Red Bull but energy drinks group Osotspa is Thailand's oldest consumer products company and it plans to raise as much as $460 million.

Thailand’s prolonged drought of initial public offerings is set to come to an end after energy drink manufacturer Osotspa launched a Bt13.3 billion to Bt15 billion ($405 million to $460 million) deal on Wednesday.

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