Alfa Laval results unlikely to hit IPO

Alfa Laval, the Swedish heating equipment manufacturer that surprised the market by releasing its quarterly report during the roadshow for its initial public offering, has said that the timing will not affect the bookbuilding process.

The Skr9.5bn (€907m) Alfa Laval flotation is the biggest in Sweden since the €8.5bn IPO of Telia, the Swedish telecoms operator, in June 2000.

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