Roofing firm Braas Monier plans Frankfurt listing

FRANKFURT Tue May 27, 2014 2:46am EDT

FRANKFURT May 27 (Reuters) - Roofing company Braas Monier Building Group said on Tuesday it was planning to list its shares on the Frankfurt stock exchange this year.

The company said it planned to partially place shares held by Monier Holdings S.C.A., which is majority owned by Apollo Management, TowerBrook Capital Partners, York Capital Management and BNP Paribas.

The current shareholders will remain invested, the company said in a statement. (Reporting by Harro ten Wolde; Editing Christoph Steitz)


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.