London - Imperial Tobacco Group is considering listing shares in its European logistics unit, Logista with an initial public offer, it said on Thursday.
The company behind Davidoff cigarettes said it was reviewing options related to a potential IPO but there was no certainty as to the outcome of the review.
Its own shares were up nearly 6% at 2355 pence by 14:21 GMT.
Imperial is working with Credit Suisse and Goldman Sachs, according to a source familiar with the matter.
Officials at Imperial and Goldman declined to comment on the appointment.
Credit Suisse was not immediately available.