Sep
25
Danish Payments Processor Nets Valued at $4.5 Billion in I.P.O.
ByLONDON — Nets, a Danish payments processor, said on Friday that it was valued at 30 billion Danish kroner, or about $4.5 billion, in its initial public stock offering in Copenhagen.
The offering came about two and a half years after a group of Nordic banks sold the company for 17 billion kroner to a consortium of investors that included the private equity firms Advent International, ATP Private Equity Partners and Bain Capital.
Nets priced its offering of 105 million shares on Nasdaq in Copenhagen at 150 kroner apiece, within the company’s anticipated range of 130 to 160 kroner. It announced its intention to proceed with an initial public offering this month…
Danish Payments Processor Nets Valued at $4.5 Billion in I.P.O.
