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28 May 2012

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Berlin's GSW said not yet set on new IPO in April

Berlin-based residential property firm GSW, owned by private equity group Cerberus and Goldman Sachs' Whitehall Funds, has not yet set a scheduled for a second try at an IPO at the start of April, industry sources say. Financial Times Germany reported that, after its failed IPO last spring, GSW will make an investor roadshow in March prior to a new IPO launch.

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