SATS sets range on IPO
SATS, the Norwegian owner and operator of fitness clubs across the Nordic region, has set a price range on its Oslo IPO that values it at over €450m at the top of the range.
The post IPO free float will be 55.3%-58.6% of the company, sizing the base deal at Nkr2.4bn-Nkr2.5bn (€240m-€250m).The company will raise Nkr1.4bn of primary proceeds, of which Nkr470m ...
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