PE-Owned ISS Plans $2.4B IPO

Danish outsourcing group ISS, which is owned by Goldman Sachs and Swedish buyout firm EQT, is planning to raised 13.3 billion Danish crowns ($2.41 billion) in a public offering, Reuters reported. Last month, ISS’s backers ended talks with private equity shop Apax Partners about a potential $8.5 billion buyout.

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