Humana prices IPO at top of range, trades up
Humana AB, the Swedish company that provides care for the elderly, disabled and mentally ill, traded up 19% on its Stockholm debut on Tuesday, but fell back on Wednesday.
Humana priced its initial public offering at the top of its Skr54-Skr62 ($6.60-$7.51) a share range on Tuesday morning. That gave the firm a market capitalisation on admission of Skr2.928bn-Skr3.3bn.The deal was for Skr783m but could grow to Skr887m for a free float of 26.9%, if the greenshoe ...
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