Market Chatter: Carlyle Reportedly Rekindles Plans for Nouryon IPO

MT Newswires Live09-17

Carlyle Group (CG) is once again considering plans to take Nouryon public and has hired investment banks, including Barclays (BCS) and Goldman Sachs (GS), for help with the IPO, Bloomberg reported Monday citing people familiar with the matter.

The company is looking to take the business public in New York as early as 2025 at a valuation of up to 13 billion euros ($14.46 billion).

The report cautioned that no final decision had been made regarding the potential IPO.

Carlyle, Nouryon, Barclays, and Goldman Sachs did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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