September 13, 2019 / 8:35 AM / 5 days ago

EQT's Stockholm IPO fully covered across price range

LONDON (Reuters) - Sweden’s EQT received sufficient investor orders to cover its 1.1-1.2 billion euro ($1.22-1.33 billion) initial public offering (IPO) across the entire price range just two hours after opening the order book, a lead manager said.

The buyout firm on Thursday announced a price range of 62-68 Swedish krona per share for a 20% stake, suggesting a base deal size of around 11.8-13 billion Swedish krona or 1.1-1.2 billion euros.

Reporting by Abhinav Ramnarayan; editing by Jason Neely

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below