EQT: Raised €500m in IPO plans

EQT: Raised €500m in IPO plans

EQT Partners: Swedish private markets investor, raised €500m in IPO plans

  • EQT confirmed plans to list in Stockholm to rival larger global competitors
  • They targeting a €4 billion valuation, is set to release at least €500 million of new shares
  • It also intend to “future-proof” itself by creating EQT’s own balance sheet
  • EQT’s planned listing will be one of the largest Nordic IPOs so far this year
  • They will pay out a total 2019 dividend of €200 million to shareholders in 2020
  • Its main areas for expansion in coming years would be Asia, real estate and growth investments