Jeld-Wen considers sale in addition to IPO

Charlotte-based Jeld-Wen is exploring another way to sell itself in addition to an initial public offering. That’s according to a story yesterday in The Wall Street Journal. Jeld-Wen Holdings Inc. is looking into an outright sale in addition to going public, the Journal writes. The sale could bring up to $3 billion for the company. Bloomberg News had reported that a Jeld-Wen IPO could raise up to $500 million, valuing the company at $5 billion. Now Jeld-Wen is taking a “dual-track” sales…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/11/jeld-wen-considers-sale-in-addition-to-ipo.html?ana=RSS%26s=article_search