REFILE-Denmark's ISS prices IPO at 160 DKK per share
COPENHAGEN, March 13 (Reuters) - New shares in Danish outsourcing company ISS will be sold for 160 Danish crowns ($29.81) per share, just above the middle of the given price range of between 140 and 175 crowns, the company said on Thursday.
The offer price gives ISS a market capitalisation of 29.6 billion crowns excluding any treasury shares held by ISS.
The offering will amount to 8,196 million crowns, potentially rising to 9,425 million crowns if an overallotment option is exercised in full.
Funds managed by Swedish private equity firm EQT and Goldman Sachs delisted ISS after buying the business for 22.1 billion crowns in 2005.
- Tesla says in talks with BMW over car batteries, parts
- Missouri officials to reveal grand jury's decision on teen's shooting |
- Hagel, under pressure, resigns as U.S. defense secretary |
- Actor Dwight Henry eyed in New Orleans killing after arrest for theft
- Iran nuclear talks extended seven months after failing to meet deadline |
We are living longer but not creating financial plans to keep pace. Advisers give tips on how to make sure you don’t outlive your money. Video