Tarkett planning initial public stock offering

HomeNewsTarkett planning initial public stock offering

Tarkett-logoParis, France—Reuters has reported that Tarkett is planning an initial public stock offering. 
The flooring firm is 50% owned by U.S. private-equity firm KKR and the Deconinck family.
 KKR will reportedly float part of its stake and the Deconincks will buy more shares to keep their ownership stake above 50%.

A listing on the Paris stock exchange could value Tarkett at as much as 2.5 billion euros ($3.41 billion), according to the Financial Times.

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