Owned by private equity firm KKR, the company is targeting a valuation of between 1.3 billion pounds and 1.5 billion pounds in a potential listing on the London Stock Exchange, Reuters reported citing a source familiar with the transaction.
Calisen expects to raise about 300 million pounds from the sale of new shares, the company said in a statement, but the offering will also include the sale of existing shares. The aim is to list in early February. London initial public offerings in 2019 fell to their lowest level in a decade, Refinitiv data shows.
Calisen said net proceeds from the IPO would be used to support growth, repay debt and fund existing and new contracts for smart meters as Britain’s energy utilities fit them into more homes.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here Are 7 Beauty Trends That Defined 2019Gone are the makeup dos and dont’s: This year's beauty trends embraced an “anything goes” attitude rooted in self-expression, color, and joy.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
NordicTrack T-Series Treadmills Are 32% off on Amazon TodayPerfect for tackling those new training goals for this year!
Source: runnersworld - 🏆 19. / 71 Read more »
Miley Cyrus Has Fully Embraced the MulletBusiness in the front! Party in the back! Who tf cares? Needs to let go of the greasy hair products GREAT now she just needs to embrace MARRIAGE and not cheating on ppl and she’ll be all set 😂
Source: TeenVogue - 🏆 481. / 51 Read more »
Disney x Gucci Celebrates Disney's Original Power Couple, Mickey and Minnie MouseGucci's new capsule collection with Disney is inspired by the 2020 Lunar New Year, celebrating the Chinese year of the mouse. The exclusive collaboration
Source: POPSUGARFashion - 🏆 28. / 68 Read more »
UK shoppers rein in spending to cap grim 2019 for retailers: BRCBritish shoppers cut back on spending in late 2019, rounding off the worst year ... Cool It isn't up to consumers to make the bottom line for retailers. Looks like millennials are killing Applebee's in the UK too now smh
Source: Reuters - 🏆 2. / 97 Read more »
Don't Panic, But...January's Full Moon In Cancer Is Here To Make You Feel InsecureOn January 10, the New Moon in Cancer is happening, and it's gonna shake things up for your zodiac sign. Here's what to expect, from an expert astrologer.
Source: Women's Health - 🏆 475. / 51 Read more »