US EditionVerisure’s IPO Raises €3.2 Billion in Sweden’s Top Since 2000
12 Articles
12 Articles
The company raised 3.1 billion euros when it was introduced to the stock exchange, the largest in Sweden in a quarter of a century. ...
Security company Verisure is soaring on its first day of trading. This after the share was listed at a price of 13.25 euros, approximately 145 kronor.
Verisure Raises €3.2 Billion in Sweden’s Top IPO Since 2000
(Bloomberg) -- Security services group Verisure Plc’s shares rose 10% at the open in its trading debut, after its initial public offering raised about €3.2 billion ($3.72 billion) and was the biggest in Stockholm in 25 years.
Founded in 1988 in Sweden, Verisure, formerly a subsidiary of the Swedish company Securitas, has its current headquarters in Switzerland...
The alarm specialist raised €3.2 billion in Stockholm, a success driven by a staggeringly effective subscription model.
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