Germany's Kion ready for IPO but not in a rush - report

Newswire

FRANKFURT, May 25 (Reuters) - Kion Group, the world's second biggest maker of fork lift trucks, would be ready for an initial public offering but is not in a rush, German paper Frankfurter Allgemeine Zeitung reported, citing Kion's chief executive. Kion, together with its owners Goldman Sachs, buyout firm KKR and Shandong Heavy, is monitoring the market for a potential share sale, Kion Chief Executive Gordon Riske said, according to the paper. "The situation at ...

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