HSBC, Sofina expected to lead £54.3m share offering in French industrial materials producer Carbone Lorraine

22 Sep 2009

French private equity group AXA Private Equity and Belgian private equity firm Sofina are expected to lead a €60m (£54.3m) share offering by French graphite solutions and electrical components supplier Carbone Lorraine. The firms are the two biggest shareholders in the company, and are expected to commit to their full share allocations according to Carbone Lorraine, who also predict that investment giants HSBC and Société Générale will take a significant portion of the new shares.

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