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25 February 2018

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Catalina eyes $1bn valuation

Adam McNestrie 7 March 2017

Catalina's owners are looking to capitalise on the "legacy moment" via a bid process that they hope will allow them to crystallise their gains and secure a $1bn valuation.

As revealed earlier this month, investment giant Apollo and the two Canadian pension funds that own Catalina along with management have retained Barclays Capital (BarCap) to hold a process that will usher in changes in the shareholder register.

Catalina is 38 percent owned by Apollo, with 29 percent held by La...

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This article was published as part of issue March 2017/1

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