CBDG THC Farmaceuticals Inc (PK)

Spanish testing, inspection and certification company Applus is likely to pursue an initial public offering in early April, Reuters reported Friday, citing a person familiar with the matter.

The IPO is set to value the company at EUR2.2 billion to EUR2.4 billion, the report said.

The firm, which was acquired by Carlyle Group (CG) in 2007, was said last year to have appointed Morgan Stanley (MS) and UBS AG (UBS) to manage the listing on the Madrid exchange.

Full story at http://www.reuters.com/article/2014/03/21/applus-ipo-idUSL6N0MI30M20140321

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