CVC Capital Partners-backed luggage company Samsonite has filed an initial public offering on the Hong Kong Stock Exchange, valuing the company at up to $1.5 billion, according to a New York Times report. Samsonite has priced its offering at HK$13.50 (€1.20; $1.74) to HK$17.50 per share, the report said.
CVC-backed Samsonite files $1.5bn IPO(2)
Samsonite, purchased for $1.7bn at the height of the credit bubble in June 2008, will list on the Hong Kong Stock Exchange.
