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Private equity firm EQT looks to raise €500m in IPO

Backed by Sweden’s billionaire Wallenberg family, EQT was founded in 1994

EQT said it intends to launch an initial public offering in Stockholm issuing at least €500m of new shares.

The Swedish private equity firm will list on Nasdaq Stockholm. It said the listed shares will account for approximately 20% of the business, which will include the sale by existing shareholders.

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