Reuters - Coates Hire Owners Plan Sale
The owners of Coates Hire have roped in Goldman Sachs for a possible sale of Australia's top equipment hire firm after failing to proceed with other options including an A$800 million ($831 million) initial public offer earlier this year. Private equity firm Carlyle Group and Seven Group Holdings said in a statement that Goldman Sachs will be assisted by China International Capital Corp. in China and Nomura Holdings in Japan with the ownership review process. The two firms own 46 percent each in Coates.
16 November 2012•2 mins read
