March 9, 2018 / 10:38 AM / 9 months ago

BRIEF-Finland's Altia IPO Targets Market Value Of Up To $401 Mln

March 9 (Reuters) - Altia Oyj IPO-ALTIA.HE:

* FINLAND’S ALTIA SAYS PRELIMINARY IPO PRICE RANGE 7.50-9.00 EUROS PER SHARE

* ALTIA SAYS IPO WOULD GIVE THE COMPANY A MARKET VALUE OF 272-326 MILLION EUROS ($335-401 million)

* ALTIA SAYS OFFERING TO START ON MARCH 12, AIMS TO LIST SHARES ON HELSINKI BOURSE’S PRE-LIST ON MARCH 23

* STATE OF FINLAND AIMS TO HOLD AROUND 44 PERCENT OF THE COMPANY AFTER THE IPO

* NORDEA WILL ACT AS THE GLOBAL COORDINATOR, BOOKRUNNER AND FINANCIAL ADVISOR, CARNEGIE TO ACT AS THE JOINT BOOKRUNNER AND OP CORPORATE BANK AS THE CO-LEAD MANAGER Source text for Eikon: [here ] Further coverage of the IPO: ($1 = 0.8129 euros) (Helsinki Newsroom)

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