16Dec93 UK: HAVE WE HAD ENOUGH FLOATS? - KELLER TO GO PUBLIC.
The backlog of construction companies awaiting a stock market flotation grew longer this week with the news that Keller, one of Britain's largest subcontractors, plans to go public.Bought from GKN for £26 million by an institution-backed management three years ago, Keller is aspiring to a stock market value of £50-£60 million when it goes public next spring. The five directors and numerous senior managers who subscribed £200,000 for the buyout will no doubt be handsomely ...
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