Nobia IPO is latest boost to Swedish market

Nobia, the Swedish kitchen interior maker, is to float on the Stockholm bourse in the latest of a recent spate of activity on the Swedish equity capital market.

Carnegie and Deutsche Bank, assisted by Enskilda Securities, are managing the initial public offering. The flotation follows in the wake of Alfa Laval, the Swedish heating equipment manufacturer, which recently carried out a Skr9.5bn (€907m) IPO.

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