Apax plans second Swedish healthcare move in a fortnight

Private equity firm Apax has reportedly revealed plans for a 'quick-flip' float of a Gothenburg-based healthcare company, less than two weeks after it bought Swedish healthcare group Capio.

Bloomberg reports that Deutsche Bank is leading the initial public offering of Gothenburg-based Mölnlycke, which could be valued at about $3.1bn (€2.5bn). Apax bought the company for $1.5bn less than 18 months ago from Scandinavian private equity companies Nordic Capital and Bure Equity.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire