Edition:
United States

Dasha Afanasieva

DS Smith to launch sale of plastics packaging unit in November

Oct 19 2018

FRANKFURT/LONDON British packaging group DS Smith is expected to launch the sale of its plastic packaging division in November, three sources familiar with the matter said, in a deal that could be worth around $800 million. Two of the sources said the division has earnings before interest, tax, depreciation and amortisation (EBITDA) of $80 million. The sources said financial sponsors were looking at the asset and that they are likely to receive information memorandums on the asset next month.

DS Smith to launch sale of plastics packaging unit in November

Oct 19 2018

FRANKFURT/LONDON, Oct 19 British packaging group DS Smith is expected to launch the sale of its plastic packaging division in November, three sources familiar with the matter said, in a deal that could be worth around $800 million.

CVC invites banks to pitch to sell or list Nordic optical retailer Synsam

Oct 19 2018

LONDON/FRANKFURT Private equity fund CVC has invited banks to pitch for the sale or initial public offering of Nordic optical retailer Synsam, two sources familiar with the matter said, in a deal which could value the company at more than $950 million.

Elevator parts firm Wittur attracts buyout interest - sources

Oct 17 2018

FRANKFURT/LONDON German elevator parts maker Wittur has attracted interest from private equity groups Partners Group and Cinven ahead of an expected sale by owner Bain Capital, several people close to the matter said.

Elevator parts firm Wittur attracts buyout interest - sources

Oct 17 2018

FRANKFURT/LONDON, Oct 17 German elevator parts maker Wittur has attracted interest from private equity groups Partners Group and Cinven ahead of an expected sale by owner Bain Capital, several people close to the matter said.

Cepsa float fail could jeopardise other energy listings

Oct 15 2018

LONDON The shelving of Spanish energy company Cepsa's initial public offering (IPO) may damage prospects for a string of oil-related companies planning to go public.

Cepsa float fail could jeopardise other energy listings

Oct 15 2018

* Companies including Sibur, KazMunayGaz may find IPO tougher

Volkswagen set to hire four banks for truck unit IPO: sources

Oct 08 2018

LONDON/FRANKFURT Volkswagen is close to hiring Citigroup , Deutsche Bank , Goldman Sachs and JP Morgan to help with the potential stock market listing of its truck unit Traton, two people familiar with the matter told Reuters on Monday.

IPO shelved as Germany's Exyte fails to excite

Oct 05 2018

LONDON/FRANKFURT German chip factory builder Exyte has shelved plans to float on the Frankfurt stock exchange this month after receiving muted feedback from investors, becoming the latest aspiring public company to face listing difficulties.

EXCLUSIVE-German chip plant builder Exyte shelves IPO plans

Oct 05 2018

* Shares worth up to 1 bln eur were expected to be offered - sources

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