PARIS Feb 3 British private equity group
Charterhouse Capital Partners has selected banks to
handle a stock market listing of French caterer Elior later this
year, a source with knowledge of the matter said on Monday.
"To date, several banks have been selected to accompany
Elior in an initial public offering (listing)," the source told
Reuters on condition of anonymity, adding that the names of the
banks could be made public in the coming days.
Charterhouse, which owns 62.4 percent of Elior, declined to
comment. Elior also had no comment.
Elior, whose rivals include France's Sodexo and
Britain's Compass, had estimated revenue of around 5
billion euros ($6.8 billion) in 2013.
Bloomberg reported earlier on Monday that Deutsche Bank AG,
HSBC Holdings Plc and JPMorgan Chase & Co had been picked for
the sale, which could value Elior at about 4 billion euros.
JPMorgan and Deutsche Bank declined to comment, while HSBC
Holdings could not be immediately reached for comment.
Charterhouse had looked at a potential sale of Elior last
Charterhouse bought Elior for 2.5 billion euros in 2006.
Elior co-founder Robert Zolade has 24.7 percent, and Chequers
Capital holds 7.8 percent. The remaining 5.2 percent is owned by