Braas Monier Building Group: BNP Paribas SA, Deutsche Bank AG, Goldman Sachs Group Inc., JPMorgan Chase a Co. JPM and UBS AG are working on the sale, which may happen as early as this quarter, two people said, asking not to be named as the details arent public, according to Bloomberg. Spokesmen for the banks, Apollo and York declined to comment. Spokesmen for Monier and TowerBrook, didnt immediately respond to e-mail requests for comment and Braas Monier Building Group, a supplier of building materials for roofs, is planning an initial public offering in Frankfurt to raise about 500 million euros $690 million , said people familiar with the matter. Monier, which was taken over by private-equity firms Apollo Global Management LLC, TowerBrook Capital Partners LP and York Capital Management in 2009 in a debt restructuring, this month issued 565 million euros of senior secured floating rate loans and notes due 2020. An IPO may be used to pay down more debt, one person said.
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