Blyth-owned ViSalus withdraws IPO

By Renaissance Capital,

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ViSalus, a provider of weight management, nutritional supplements and energy drink products, withdrew its plans for an initial public offering on Wednesday. The Troy, MI-based company was founded in 2005 and booked $498 million in sales for the 12 months ended 6/30/2012. Jefferies & Co. was set to be the sole bookrunner on the deal.

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