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I.P.O. Could Value Nets, a Danish Payment Processor, at $4.8 Billion | Tony Seruga
Sep
13

I.P.O. Could Value Nets, a Danish Payment Processor, at $4.8 Billion

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LONDON — Nets, the Danish payment processor, said on Tuesday that it expected to be valued at up to 32 billion Danish kroner, or $4.8 billion, in its initial public offering this month.

The offering comes about two and a half years after a consortium of investors lead by the private equity firms Advent International, ATP Private Equity Partners and Bain Capital agreed to acquire Nets for 17 billion kroner from a group of Nordic banks.

Nets announced its intention to pursue an I.P.O. this month.

“I am delighted with the response we have received to the announcement of our intention to float, both from potential investors and other stakeholders,” Bo Nilsson, the Nets chief executive, said in a news release

I.P.O. Could Value Nets, a Danish Payment Processor, at $4.8 Billion

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