Private Equity Firm Antin, Holders Seek $650M in Paris IPO
- Listing values company at as much as 4.13 billion euros
- IPO comes amid rush of deals by buyout firms, asset managers
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Private equity firm Antin Infrastructure Partners SA and its founders are looking to raise 550 million euros ($650 million) in an initial public offering in Paris amid a flurry of alternative asset manager listings.
The firm, which invests in everything from fiber-optic networks to water utilities, is raising about 350 million euros selling new shares, while existing shareholders are offloading the remainder, according to a statement Wednesday. The offering will value the company at as much as 4.13 billion euros.