DKSH plots IPO course as sentiment turns
DKSH, Switzerland’s largest privately-owned company, on Wednesday revealed plans for an IPO that could give the Asia-focused business outsourcing firm a deal size of at least $500m and potentially substantially more. It was a surprise move for many, given the recent dearth of deals and the company’s low profile, but seen as another step towards the rehabilitation of Europe’s IPO market.
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