News Column

Candover Says Expro Files Initial Papers For US IPO

July 1, 2014

Samuel Agini

LONDON (Alliance News) - Candover Investments PLC Tuesday said that Expro, a company accounting for 46% of its net asset value at the end of 2013, has made an initial filing with the Securities

Exchange Commission in what is the investee's first step towards a potential initial public offering in the US.

"While the registration statement is under review, in line with SEC requirements, no public comment can be made on the registration process," Candover said in a statement.

Candover shares were Tuesday quoted at 600 pence, up 6.1%.

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Source: Alliance News

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