Samsonite Meets With Banks In Advance of IPO

Luggage maker Samsonite plans to meet with investment banks next week as it prepares for an initial public offering in Hong Kong, Reuters reported. The IPO is expected to be worth about $1 billion. Luxembourg-based Samsonite is owned by private equity firm CVC and the Royal Bank of Scotland. An IPO is expected to come during the last half of 2011.

10 February 2011•1 min read
Feature image
LinkedInXEmail
LinkedInXEmail