Distiller Arcus tempts buyers as Nkr1.7bn Oslo IPO prices well

Arcus
By Aidan Gregory
01 Dec 2016

Arcus, the Norwegian distiller owned by private equity group Ratos, made its debut on the Nasdaq Oslo on Thursday after its Nkr1.7bn (€196m) IPO that was multiple times covered.

ABG Sundal Collier and SEB were global coordinators. 

On its first day of trading on Thursday, Arcus closed at Nkr43, flat to its IPO price.

The IPO won substantial demand from the outset. It was was covered at its maximum size on the first day of the ...

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