Smart meters firm Calisen to test London IPO waters
Share:
(Reuters) - Calisen Group, which supplies smart meters to British households, plans to list its shares in London in a test of investor appetite after a tough year for flotations.Owned by private equity firm KKR, the company is targeting a valuation of 1.3-1.5 billion pounds ($1.69-1.95 billion) in a potential listing on the London Stock Exchange, a source familiar with transaction said on Thursday.It expects to raise about 300 million pounds from the sale of new shares, it said in a statement...