E-Commerce Group ESW Said to Weigh IPO at $4 Billion Value (1)

ESW, an e-commerce specialist backed by La Poste SA and Swiss Post Ltd., is weighing an initial public offering that could value it at about $4 billion, people familiar with the matter said.

The company is working with Lazard Ltd. on plans for a possible listing in Amsterdam as soon as the second half of the year, the people said, asking not to be identified discussing confidential information.

Bank of America Corp., Societe Generale SA and UBS Group AG have been appointed as global coordinators for the listing, according to the people. More banks could be hired to ...