Feb
04
I.P.O. Could Value Countryside Properties at $1.6 Billion
ByLONDON — Countryside Properties, a British home builder that is majority-owned by the American private-equity firm Oaktree Capital Management, said on Monday that its initial public offering could value the company at 1.1 billion pounds, or about $1.6 billion.
Countryside said it expected to price its offering between 225 pence and 275 pence a share, valuing the company at £1.125 billion at the midpoint of the range…
I.P.O. Could Value Countryside Properties at $1.6 Billion