Goldman Sachs is leading the Nkr3.5bn (€420m) initial public offering of Findexa, the Norwegian directories business formerly called Telenor Media, alongside CIBC World Markets, the Canadian bank, and UBS despite its exclusion from flotation preparations three years ago.

CIBC World Markets, Goldman and UBS are joint global co-ordinators and bookrunners of the Findexa IPO, which is set to be the largest Norwegian IPO since June 2001. It is the Canadian bank's first European IPO as a bookrunner since 1992, according to Dealogic, the investment banking research firm.