Carlyle Said to Revive IPO Plans for Chemical Firm Nouryon (1)

Sept. 16, 2024, 7:50 PM UTC

Carlyle Group Inc. has revived plans for an initial public offering of specialty chemicals producer Nouryon, according to people with knowledge of the matter, as private equity firms globally gear up for a rebound in listings.

The US buyout group has asked investment banks including Barclays Plc and Goldman Sachs Group Inc. to help prepare an IPO of the business in New York that could take place as soon as early 2025, the people said.

Nouryon, which makes chemicals used in agriculture, paints and coatings and personal care products, could be valued at as much as €13 billion ($14.5 ...

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