SPAIN - 3i prepares IPO of Global Energy Services
3i has reportedly retained consulting firm 360 Corporate to prepare the flotation of Global Energy Services.
The company was acquired in 2006 in a deal valued at EUR 170m of which EUR 70m was equity and the remainder debt.
Although no official figures have been made available, the investors' initial strategy was to list the company once it had achieved a EUR 600m turnover.
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