Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Iceland's Arion Bank heads for IPO on Nasdaq Stockholm
May 18, 2018

Iceland’s Arion Bank plans to list its shares on the Nasdaq Iceland and Swedish depository receipts on Nasdaq Stockholm in the first half of this year aiming to expand its investor base. The bank said it had not decided the size of the initial public offering, but it is expected to be at least 25 percent of its total shares outstanding plus an additional over-allotment option to be sold by Kaupthing, which owns a 56% stake.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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