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THE WHAT? It’s full steam forward for Douglas because it prepares to checklist. The German pharmacy chain is alleged to have chosen a sequence of banking companions as world coordinators for its deliberate IPO.
THE DETAILS Reuters, quoting sources conversant in the matter, reviews that Goldman Sachs, Deutsche Financial institution, Unicredit and UBS have been appointed by the CVC Capital Companions-owned retailer. The IPO is predicted to happen early subsequent 12 months.
THE WHY? Whereas Douglas declined to remark when contacted by Reuters, the information company’s sources have the pharmacy’s worth pegged at €7 billion; the preliminary itemizing may elevate a substantial sum.
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