NEW YORK CITY (dpa-AFX) - U.S. private-equity firm Bain Capital is working with JPMorgan Chase & Co. (JPM) and UBS Group AG on the potential initial public offering of U.K. brick maker Ibstock, Bloomberg reported citing people familiar with the matter.
Ibstock, which Bain agreed to acquire from Irish construction group CRH Plc. (CRH.L, CRH) in December, may seek a valuation of more than 1 billion pounds in an IPO, said the people. Rothschild is also working on the potential share sale, which may take place later this year in London, the report said.
Copyright RTT News/dpa-AFX
© 2015 AFX News
