Sanitec IPO priced at 61 SEK/share

STOCKHOLM Tue Dec 10, 2013 1:08am EST

STOCKHOLM Dec 10 (Reuters) - Sanitec said on Tuesday the final offering price in its Stockholm flotation had been set 61 crowns per share, valuing the bath and toilet maker at 6.1 billion Swedish crowns ($932.6 million).

"The offering attracted strong interest among Swedish and international institutional investors as well as Swedish retail investors. The offering was over-subscribed several times," the company said in a statement.

($1 = 6.5407 Swedish crowns) (Reporting by Niklas Pollard)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.