Nordic Capital sells NOK 780M stake in Norwegian discount retailer Europris

Nordic Capital has sold 20,000,000 shares in Europris, representing 11.98% of the share capital and voting rights in Europris, by way of an accelerated bookbuilt offering to institutional and other professional investors. The shares were sold at a price of NOK 39 per share. After the sale, Nordic Capital owns 54,619,558 shares in Europris.

By this transaction, Nordic Capital’s shareholding in Europris is reduced from 44.69% to 32.71% of the share capital and voting rights in Europris based on a total number of outstanding shares of 166,968,888 shares. Nordic Capital is represented on the board of directors of Europris.

Nordic Capital has engaged ABG Sundal Collier ASA and Merrill Lynch International as joint bookrunners in the Sale (the “Bookrunners”). Moelis & Company is acting as advisor to Nordic Capital. Advokatfirmaet Selmer DA and Latham & Watkins (London) LLP are acting as legal advisors to Nordic Capital.


Source: Nordic Capital Press Release

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