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General

DNA shareholders approve plans for IPO

Wednesday 26 October 2016 | 14:53 CET | News
The shareholders of Finnish operator DNA have agreed to list the company on the stock market in Helsinki. The initial public offering will see controlling shareholders Finda and PHP Holding, as well as a number of smaller shareholders, sell down their stakes, and DNA said it's also considering raising EUR 50 million in a sale of news shares, including a potential personnel offering. The IPO will be open to private individuals and entities in Finland, permanent employees of DNA and institutional investors in Finland and internationally. Danske Bank and Morgan Stanley are acting as joint

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Categories: General
Companies: DNA
Countries: Finland
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