By Karlee Weinmann ( April 4, 2013, 1:59 PM EDT) -- CVC Capital Partners has hired nine banks to guide its planned initial public offering of 25 percent to 30 percent of Belgium's postal service, a stock sale that could net the private equity house between $705 million and $1.2 billion, according to a Thursday report from Reuters. JPMorgan Chase & Co., Nomura Group, BNP Paribas Fortis will serve as joint global coordinators, with JPMorgan, Nomura, Morgan Stanley and UBS AG signed on as joint international bookrunners. KBC Bank NV and the Belgian offshoot of the ING Group will handle domestic bookrunning, with Belfius Bank and Insurance PLC and Royal Bank of Canada also aiding in the process. The IPO, slated for sometime during the next few months, will be the largest for Brussels' exchange since late 2009 — before a cloud of economic uncertainty rolled in over Europe. CVC Capital owns nearly a 50 percent stake in the postal operator, Belgian Post Group, commonly called bpost....
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