Vista Global Chairman Thomas Flohr answered stories in the Financial Times and Bloomberg over the past several days about the company’s finances, the possible sale of preferred equity, and the possibility of an IPO.
About a Bloomberg report this morning from Southeast Asia, Flohr told Richard Dean of DubaiEye 103.8, “We are always open to the right thing for the company, whether it’s staying private or if we have incoming interest for our equity.”
He added, “I still own about 84% of the company. We will always look at alternatives for the company.”
Bloomberg reiterated reports by 9fin that Vista Global was closing in on raising money by selling convertible preferred equity.
However, he nixed the IPO report,…
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