Charterhouse picks banks for Elior
Private equity group Charterhouse Capital Partners has selected banks to handle a stock market listing of French caterer Elior later this year, a source said yesterday. “To date, several banks have been selected to accompany Elior in an initial public offering (listing),” the source said. Charterhouse, which owns 62.4 per cent of Elior, declined to comment. Elior also had no comment. Bloomberg reported earlier yesterday that Deutsche Bank, HSBC and JP Morgan Chase had been picked for the sale, which could value Elior at about €4bn (£3.3bn).