EQT soars on debut after ‘targeted’ IPO allocation
Shares in EQT, the Swedish private equity firm, popped 25% on day one after its IPO was priced on the Nasdaq Stockholm on Tuesday — after what sources called a “targeted” IPO process.
As of just after 2pm UK time on Tuesday, EQT’s shares were at Skr84.5 a share, a 25% rise from its Skr67 IPO price.
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