Sanitec celebrates oversubscribed IPO - Reuters
Sanitec said on Tuesday the final offer price in its heavily subscribed flotation was 61 crowns per share, valuing the bath and toilet manufacturer at 6.1 billion crowns ($933 million) in Sweden's biggest listing since 2006, writes Reuters. The listing of Sanitec, controlled by private equity firm EQT, comes as the European construction market is seen recovering from a slump caused by the euro zone debt crisis.
10 December 2013•1 min read
