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Nordic float sends Vision into seventh heaven

IPO of banking group sees UK private equity firm secure its seventh portfolio company exit of 2015

Nordax floated in Stockholm
Nordax floated in Stockholm

UK private equity firm Vision Capital has secured its seventh portfolio company exit in less than six months, after floating a Skr5 billion Nordic banking group.

The $2 billion private equity firm has floated banking group Nordax, which provides deposit accounts and unsecured consumer loans in the Nordic region and Germany, on Nasdaq Stockholm, according to a statement on Wednesday.

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