Sweden's Ratos picks advisers for Inwido IPO -sources

STOCKHOLM, March 17 Mon Mar 17, 2014 7:04am EDT

STOCKHOLM, March 17 (Reuters) - Swedish private equity firm Ratos has appointed Carnegie and Handelsbanken to advise it on a listing or sale of window and door maker Inwido, its biggest holding, two people familiar with the matter told Reuters.

A listing of Inwido would come as the residential construction market is expected to improve in Sweden, Inwido's largest market, after lean years following the financial crisis and would mark Ratos's first sizable divestment in over a year.

The sources declined to be identified as the process is not public. Ratos, Carnegie, Handelsbanken and Inwido declined to comment. (Reporting by Sven Nordenstam; editing by Niklas Pollard)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.