(Adds details, background, Carlyle no comment)
LONDON, March 21 Spanish industrial testing and
inspection firm Applus is likely to go ahead with an initial
public offering of its shares in early April, a source said on
The Barcelona-based company was seeking a valuation of
2.2-2.4 billion euros ($3.3 billion), another source said.
Applus has profited from a growing environmental movement
and calls for better health and safety standards in the energy
industry following disasters such as BP's Gulf of Mexico
oil spill in 2010.
Last year it was reported that the firm, which was acquired
by U.S. private equity firm Carlyle in 2007, had
appointed Morgan Stanley and UBS to run the
listing on the Madrid exchange.
Carlyle declined to comment on Friday.
($1 = 0.7255 Euros)
(Reporting By Freya Berry; Editing by Erica Billingham)