date:Nov 06, 2013
Its listing in German financial hub Frankfurt is supposed to take place before the U.S. Thanksgiving holiday on November 28. But the whole thing could slip by a day or two, one source close to the deal told Reuters on Tuesday.
The deal will float more than 50 percent of the Austrian group's shares and is expected to raise between 600 million and 800 million euros, one of the sources said.
That would value the group at around 1.5-1.6 billion euros, a slight discount to larger rival Amcor (AMC.A