LONDON, July 21 European private equity firm BC
Partners has appointed Bank of America Merrill Lynch
and Goldman Sachs to run the IPO of its OVS
Industry fashion chain, part of Gruppo Coin, several sources
familiar with the matter said on Monday.
OVS, which sells clothes and accessories, will be carved out
of Italian retailer Gruppo Coin and list on the Milan's Stock
Exchange in autumn, one of the sources said.
In 2013 OVS reported earnings before interest, tax,
depreciation and amortisation (EBITDA) of 136 million euros on
revenue of just under 1 billion euros.
Bank of America and Goldman Sachs were not available for
(Reporting By Pamela Barbaglia; editing by Freya Berry)