Samsonite Aims for May Listing Hearing
Samsonite is aiming to hold a listing hearing with the Hong Kong stock exchange in late May as part of its preparation for an initial public offering, Reuters reported. Before launching an IPO, all companies must meet the exchange to get a formal approval to go public. Luxembourg-based luggage maker Samsonite is owned by private equity firm CVC and the Royal Bank of Scotland. The company is expected to raise up to $1.5 billion in the offering.
Bycnolan
9 May 2011•1 min read
