Plastics company Styron Corp is planning an initial public offering less than nine months since private equity firm Bain Capital bought it from Dow Chemical (DOW.N), Bloomberg reported on Tuesday. Banks are being interviewed for a share sale, the report said, citing two sources with knowledge of the matter. Such a move would be an unusually quick exit for Bain, as it and other buyout firms tend to hold investments for at least a few years. Dow announced the $1.63 billion sale of its Styron basic plastics unit to Bain in March last year, and the deal closed in June.
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