EQT plans biggest ‘buyout firm listing’

Bloomberg

EQT Partners, the largest buyout firm in the Nordic region, is planning a Stockholm listing this year in what could be the biggest European initial public offering for a private equity firm in two decades.
The planned IPO is expected to encompass 20 percent of the total number of shares in EQT, which will include at least $550 million in newly issued stock plus a sale of shares by existing investors, the company said.
EQT said last year it was reviewing options to find ways to support growth and “weather tougher times.”
Still, initial public offerings for buyout firms in the region have been rare.