ISS, one of the world’s largest facility services providers, is prepared to make a return to the stock market, according to the management and private equity firms that own the company. ISS was de-listed in from the Copenhagen stock exchange in 2005 after it was taken over by EQT and Goldman Sachs. According to both organisations and ISS chairman Ole Andersen, the most likely date for an IPO would be in connection with its annual general meeting this coming spring. EQT and Goldman sought three times in 2011 to unload ISS. Two attempted acquisitions, one with G4S, a security firm, for 44 billion kroner, fell through, while an IPO was scratched after the catastrophic Japanese tsunami soured investors’ moods. – Børsen
ISS ready for its IPO
Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.
Career