BRUSSELS Feb 19 Belgian chemicals firm Taminco
is considering a U.S. flotation after it abandoned plans to list
in Brussels during the euro zone crisis.
The firm, which makes ingredients for crop protection
products and animal feeds, has filed a provisional listing
prospectus with the SEC, the U.S. regulator.
The document, dated Feb. 8, does not give a value for the
shares. When Taminco tried to list in Brussels it had planned to
issue shares at between 11 euros and 14 euros ($14.69-$18.69)
and raise up to 421.5 million euros.
The provisional IPO prospectus lists Citigroup, Credit
Suisse, Deutsche Bank, Goldman Sachs, Nomura and UBS as
Taminco blamed difficult market conditions for the failure
of its 2010 listing which would have been Belgium's biggest IPO
At the end of 2011, U.S. private equity firm Apollo Global
Management bought Taminco for around 1.1 billion euros
from CVC Capital Partners.
Taminco did not immediately respond to requests for comment.
($1 = 0.7490 euros)
The listing document is available here