Spie drops listing plans as investor appetite fades: Reuters
Energy services group Spie has pulled its plan to raise funds on the stock market, cancelling what would have been France's biggest listing since before the financial crisis as investor appetite wanes, Reuters reported. The company, owned by private equity firms Ardian and Clayton Dubilier & Rice and Canadian pension fund Caisse de dépôt et placement du Québec, had set a price range of 15-18.30 euros a share. New and existing shares for sale were worth up to 1.2 billion euros (US$1.5 billion).
9 October 2014•2 mins read
