date:Aug 02, 2013
Austrian packaging group Constantia Flexibles has hired banks for an initial public offering that could take place this year, sources familiar with the situation said on Thursday.
The company, majority owned by JP Morgan's One Equity Partners, declined to comment on media reports that an IPO could take place as early as October and value the company at as much as 2 billion euros ($2.6 billion).
One Equity Partners, which owns 75 percent of Constantia Flexibles, also declined to comment.
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