Ambea trades up 10% as Italy's UniEuro shrinks IPO

Nasdaq_Stockholm_PA_230x150
By Aidan Gregory
31 Mar 2017

Two European IPOs reached conclusions on Friday, March 31. That of Ambea was heavily oversubscribed, while UniEuro's had to be shrunk and restructured to get it over the line.

Shares in Ambea, the Swedish health and social care homes group, closed 10% above its offer price on Friday, March 31 after it made its debut on Nasdaq Stockholm after its Skr3bn (€208m) IPO.

Nearly a week later on Thursday, March 6, the stock closed at Skr80.50, up ...

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