Denmark's US$1b IPO may not happen
Nykredit Realkredit, Denmark's biggest mortgage bank, may pull listing set for Q1
Copenhagen
DENMARK has been home to some of Europe's bigger initial public offerings of late, thanks to listings of Dong Energy A/S and Nets A/S. That's provided a lucrative setting for investment banks.
But now, what could have been the biggest Nordic bank IPO in about two decades might not happen at all. Nykredit Realkredit A/S, Denmark's biggest mortgage bank with about US$215 billion in assets, said on Friday it may pull an IPO that was set to take place in the first quarter.
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