Ice pulls Nkr3bn IPO as equity markets plunge on trade fears

Ice Group, the Norwegian mobile phone company, on Thursday called off its second attempt to list on the main board of the Oslo Stock Exchange, blaming turbulence in global equity markets.

  • By Aidan Gregory
  • 06 Dec 2018
“While Ice Group has received highly positive feedback related to its business case and the highly accretive network expansion plans in Norway, the increasing turbulence of the global financial markets, including this week’s rapid decline of the Dow Jones, means that investors have become increasingly cautious,” Ice said ...

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