The owners of private equity Capital CCMP and Unitas were research to sell at least a quarter of the shares of the company to investors in a deal worth up to 450 m of £.
It is understood that the price of the shares did meet the expectations of owners.
Sources close to the agreement, said Thursday that shares would be priced at the bottom of the proposed range of 200 to 270 p p should move from the initial public offering. No there was no indication as to whether if order books was covered.
200 P a share, society would have been assessed at £ billion, below the. 5bn £ 1 CCMP and Unitas had assessed in September.
CCMP and Unitas hold some 45pc of Edwards shares each, with the other pc belonging to staff and management. The company was owned by the BOC Group for 40 years, until 2007.
Vacuum pumps made by the company based in Crawley help provide sterile conditions for the manufacture of products such as Apple iPad and are also used chemical and pharmaceutical sectors.
Last year the market for vacuum technology was considered as a value more than £ 3, which Edwards has a market share of 17pc.
The company said its profit before interest and taxes were 130 million pounds on revenues of 641 million pounds in 2010.
The company employs more than 3,000 people, with 30 factories in South Korea, Czech Republic, China, the United Kingdom and the Japan, including the areas affected by the recent crisis.
Diageo former Finance Director Nick Rose should take the role of the President after the flotation, with the former Keith Roberts join as a non-Executive Director administrator. CCMP has refused to comment on the what roles the two could now assume while it decides how to proceed.
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