MELBOURNE (Reuters) - Vitol Investment Partnership will retain a 45 percent stake in Viva Energy, after having raised A$2.65 billion ($1.96 billion) in an initial public offering of the Australian refining and marketing company, Viva said on Thursday.
Global energy trader Vitol [VITOLV.UL] and its unnamed partners sold a 55 percent stake in Viva Energy, which confirmed the issue price was set at A$2.50 a share, the bottom of the bidding range for the float.
Viva Energy is due to debut on the Australian Stock Exchange on Friday at 0200 GMT under the ticker VEA <VEA.AX>.
(Reporting by Sonali Paul; editing by Richard Pullin)
