STOCKHOLM, May 8 (Reuters) - Swedish auto parts maker FinnvedenBulten said on Sunday its private equity owner had applied to list the firm on the Stockholm stock exchange.
FinnvedenBulten said in a statement private equity group Nordic Capital would offer up to 62 percent of the shares including an over-allotment option, at an indicative price range of 46 to 56 crowns per share.
It said the value of the offering would be between 614 million and 695 million Swedish crowns ($92.6 million-$105 million) if the over-allotment were fully exercised.
(Editing by Jon Boyle) ($1=6.632 Swedish Crown) Keywords: SWEDEN FINNVEDEN/IPO (Stockholm Newsroom, +46-8-700 1017, e-mail: stockholm.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
FinnvedenBulten said in a statement private equity group Nordic Capital would offer up to 62 percent of the shares including an over-allotment option, at an indicative price range of 46 to 56 crowns per share.
It said the value of the offering would be between 614 million and 695 million Swedish crowns ($92.6 million-$105 million) if the over-allotment were fully exercised.
(Editing by Jon Boyle) ($1=6.632 Swedish Crown) Keywords: SWEDEN FINNVEDEN/IPO (Stockholm Newsroom, +46-8-700 1017, e-mail: stockholm.newsroom@reuters.com) COPYRIGHT Copyright Thomson Reuters 2011. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.