January 18: Plans to float Impress Holdings on the London stock exchange have been put on hold… again.
Last year the Netherlands-based global canmaker celebrated its tenth anniversary. It was created by London-based private-equity firm Doughty Hanson in 1997 with the expectation that it would be sold some three years later.
But the sale was deferred and the most recent announcement for an initial public offering was made in November with the expectation that it would raise 600 million euros (US$880m) and with David Newlands being named as the chairman of the new company.
