Extract from our Nordic M&A Newsletter

Read more about our Nordic M&A Newsletter service including the M&A Portal and Private Equity Portfolio Tracker.
Kinnevik-backed Qliro’s CEO: ”Nelly to IPO and Cdon to be sold”
April 25, 2019

Publ. listed e-commerce group Qliro has announced the intention to separate its current entities Qliro Financial Services (QFS), Nelly and Cdon. The plan is reportedly for publicly list Nelly separately and a merger or complete sale of Cdon. QFS will most likely be retained in the Qliro Group. Nelly reported sales of SEK 1.39bn while Cdon had sales of SEK 1.56bn in 2018.

--
ⓘ This story was originally featured in our daily Nordic M&A Newsletter - we publish some of the newsletter content with delay through our M&A Newsletter Library. If you would like more insights on this deal or industry then send us an email at requests@nordicknowledgepartners.com