Lifco’s Skr4bn IPO covered after first day

By Jon Hay
11 Nov 2014

Lifco, a Swedish company whose interests range from dental supplies to demolition equipment, has got its IPO off to a flying start. The deal was covered after the first day of bookbuilding on Monday. The sale could reach Skr4.216bn (€457m).

A banker at one of the leads said that this and the IPO of Thule, the Swedish maker of car roof boxes, would probably be the last from the Nordic region this year.

A roadshow is going on and the book is expected to stay open until Thursday November ...

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