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General

Landis+Gyr plans IPO in Q3

Monday 3 July 2017 | 15:53 CET | News
Swiss smart meter specialist Landis+Gyr announced plans for an initial public offering of shares on the SIX Swiss Exchange in Q3. Its shareholders Toshiba (60%) and the Japanese government-backed fund INCJ (40%) plan to sell all their shares in the company. Toshiba earlier said it was considering an IPO for the company as part of its efforts to improve its balance sheet.

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Categories: General
Companies: Toshiba
Countries: Switzerland / World
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