Nets IPO RSS

Nets Holding launched Europe’s biggest initial public offering since the UK voted to leave the EU, with a listing that gives Scandinavia’s biggest payments processor a market capitalisation of about DKr30bn ($4.5bn) The flotation of Nets on the Danish stock exchange is expected to be priced at Dkr1.50 a share, the upper end of its [...]

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Nets says it plans for an initial public offering, with Scandinavia’s biggest payments processor is aiming to raise DKr5.5bn ($824m) through the issue of new shares and a partial sell down by its private equity owners. The planned flotation on the Danish stock market comes only two years after it was bought by Bain Capital [...]

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