PARIS Dec 27 Foie gras specialist Labeyrie Fine
Foods is contemplating an initial public offering by 2018 as one
of the French company's main shareholders plans to sell its
stake, business daily Les Echos reported, quoting the company
Labeyrie Fine Foods, which reported sales of 800 million
euros ($835.76 million) for 2014, will come up with a new
strategic plan in April, Chief Executive Pierre-Yves Ballif was
quoted as saying.
The IPO would take place when private equity firm PAI
Partners, which controls 43 percent of the company's shares,
sells its stake, Les Echos added.
($1 = 0.9572 euros)
(Reporting by Matthias Blamont; Editing by Subhranshu Sahu)