February 4, 2011 / 8:18 AM / in 7 years

Sweden to sell Nordea shares at 74-75 SEK -source

LONDON, Feb 4 (Reuters) - Sweden will sell part of its stake in top Nordic bank Nordea (NDA.ST) at about 74-75 Swedish crowns a share, and will set a final price for the sale later on Friday, a person familiar with the matter said.

    Swedish, European and international investors placed more than 350 orders for the Nordea shares, the person said, adding order books had closed.

    Sweden unveiled its planned selldown, which could help cut national debt by nearly $3 billion, on Thursday. [ID:nLDE7122GS] (Reporting by Victoria Howley, writing by Quentin Webb; editing by Dan Lalor)

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