ISS’ owners, Goldman Sachs Capital Partners and EQT, are planning an initial public offering (IPO) of the Danish outsourcing group, Financial Times reports. The $2.4 billion IPO is expected to be launched in the first half of 2011 on the Copenhagen Stock Exchange. The proceeds from the listing are expected to be used to repay existing debt. Goldman Sachs, Morgan Stanley, Citigroup, Deutsche Bank, HSBC Holdings and Nordea Bank will manage the IPO, adds Bloomberg.
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