Monday, October 21, 2013

Reuters: Global Markets: Tarkett's market listing seen before year-end: CFO

Reuters: Global Markets
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Tarkett's market listing seen before year-end: CFO
Oct 21st 2013, 11:18

PARIS | Mon Oct 21, 2013 7:18am EDT

PARIS (Reuters) - French flooring maker Tarkett, which is 50 percent owned by U.S. private-equity firm KKR (KKR.N), may list on the Paris stock market before the end of the year, its chief financial officer said on Monday.

"I cannot give you a more precise timetable today, but this (the listing) may happen before the end of the year," Fabrice Barthelemy said during a conference call.

Tarkett said earlier this month it had submitted a registration filing for an initial public offering (IPO) of shares.

The Paris-based group, which is jointly owned by KKR and the Deconinck family shareholders, had said the filing was a first step towards a Paris stock market listing and said the company would pursue its growth strategy abroad.

(Reporting by Gilles Guillaume, Writing by Dominique Vidalon, Editing by Natalie Huet)

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