Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone
Swedish triple-play operator Com Hem has confirmed an offer price of SEK 58 (€6.45) per share in its initial public offering of newly issued shares. Admission to trading and listing on the NASDAQ OMX Stockholm will take place today, June 17, 2014. The Offering was over-subscribed several times and attracted strong interest among Swedish and international institutional investors as well as Swedish retail investors.
Highlights of the offering:
Anders Nilsson, CEO of Com Hem said the success of the IPO reflected the investor community’s confidence in its strategy and ability to benefit from the investments made in its network, products and services. “With the support of our new shareholders, we are in a strong position to move forward and to grow our business,” he declared.
Nikos Stathopoulos, Managing Partner at BC Partners, said Com Hem now had a strong and diverse shareholder base with well-reputed international and Swedish institutional investors, as well as a solid base of Swedish retail investors. The strong demand to participate in Com Hem’s IPO is testament to the Company’s quality and long-term growth prospects and we look forward to continuing to support Com Hem as a listed company.”
J.P. Morgan, Morgan Stanley and Nordea acted as joint global coordinators and joint bookrunners, Carnegie as joint bookrunner and Rothschild as financial advisor to the Company and the owners.