Toyota-backed Landis+Gyr set to opt for IPO over outright sale

Toyota-backed Landis+Gyr set to opt for IPO over outright sale

The logo of Swiss-based meter maker Landis+Gyr is seen at an office building in the Swiss town of Zug May 19, 2011. REUTERS/Arnd Wiegmann

Landis+Gyr is almost certain to opt for a planned public listing of its shares instead of a straight sale of the company, three sources familiar with the matter told Reuters.

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