EQT covers €1.2bn IPO on day one

EQT_2_almy_230x150
By Aidan Gregory
13 Sep 2019

The €1.2bn IPO of Swedish private equity group EQT was covered throughout its price range, less than two hours into the bookbuilding process on Friday, according to market sources.

EQT set the price range for the IPO late on Thursday at Skr62 to Skr68, valuing it at Skr59.1bn to Skr64.8bn (€5.5bn to €6bn). EQT’s partners and investment company Investment AB are selling up to 103.9m existing shares. EQT itself is also selling 86.6m new shares to raise ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.