CLX Communications Nasdaq OMX Stockholm IPO

Overview:

• CLX Communications (CLX) has undertaken an IPO on the Nasdaq OMX Stockholm.
• The offering consisted of 12,545,711 shares priced at SKr59 a share, raising SKr850 million and giving the company a market capitalisation of of SKr1.914 billion.
• The offering was directed to both Swedish and international institutional investors as well as the general public in Sweden.
• Carnegie Investment Bank and Handelsbanken Capital Markets were the joint global coordinators and joint bookrunners.
• CLX is a provider of cloud-based communication services.

Wai Yee Tsang - Journalist