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Verisure Explores €3 Billion Swedish IPO Amid Market Speculation
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Heartspace News Desk
•Source: Bloomberg.com
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Key takeaways
- Verisure, the alarm company owned by private equity firm Hellman & Friedman, is reportedly exploring an initial public offering (IPO) on the Stockholm exchange
- According to Bloomberg, individuals familiar with the matter suggest the IPO could launch as early as this week
- This potential offering is expected to raise approximately €3 billion ($3
Verisure, the alarm company owned by private equity firm Hellman & Friedman, is reportedly exploring an initial public offering (IPO) on the Stockholm exchange. According to Bloomberg, individuals familiar with the matter suggest the IPO could launch as early as this week.
This potential offering is expected to raise approximately €3 billion ($3.5 billion). If successful, it would mark the largest IPO in Europe in three years and the most significant since Porsche's offering in 2022. Sources indicate that the offering will primarily consist of new shares, with the aim of generating capital to reduce existing debt.
Related Topics
VerisureIPOStockholmHellman & FriedmanPrivate EquityCapital Markets
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