Caisse-backed energy services group Spie confirms IPO plans – Reuters

(Reuters) – French energy services group Spie on Tuesday confirmed it had plans to go public with an IPO that analysts have said could value the firm at 3 to 4 billion euros (US$4.1 billion – US$5.5 billion).

Spie, owned by private equity firms Ardian and Clayton Dubilier & Rice, and by the Caisse de dépôt et placement du Québec, said in a statement it was ahead of schedule with its strategic planning and could now envisage a bourse listing.

French media said in late 2012 that Spie was considering a listing in 2014.

(Reporting by Matthieu Protard, writing by Geert De Clercq; Editing by Andrew Callus)

(This story has been edited by Kirk Falconer, Editor, peHUB Canada)

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