Carlyle Group affiliate H.C. Stark targeted an autumn IPO.
Reuters reported a change in plans.
Recent financial market turbulence has dealt a serious setback to plans to list German specialist metals and ceramics company H.C. Starck this year, three people close to the situation said on Friday.
"A listing this year is becoming increasingly unlikely," one of the people familiar with the process told Reuters. A sale of the business remains an alternative, a second person said.
The Carlyle Group plans to go public this year, with an S-1 filing in September. How will market turbulence impact Carlyle's IPO? How about declining
PEU marks? Stay tuned.
