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VALLARES FILLS ORDER BOOK AHEAD OF IPO
Former BP boss Tony Hayward (pictured) has closed order books early for the listing of his oil acquisition vehicle and will raise an increased amount of at least £1.2bn, sources close to the deal said. Books on the offering will now close this week, instead of 20 June as originally planned. Hayward and financier Nathaniel Rothschild announced last week they planned to list their venture Vallares in the London market.