Selecta, Europe's leading vending machine operator, is planning an initial public offering (IPO) on the Swiss stock exchange within months, people close to the matter said. The company has scheduled meetings with analysts this month and could list in May, one of the people said, adding that the deal could slip to September if market conditions are deemed unfavourable.
Analysts are usually asked to write research reports, including a view on valuation, several weeks ahead of the publication of an intention to list. Selecta's private equity owner KKR, adviser Lazard and Credit Suisse - the global coordinator for the deal - declined to comment.
Comments
Comments are closed.