IFLR1000

Adevinta Oslo Børs IPO

10/4/2019
IPO
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NKr 2.87 billion

$ 334.691 million

Announced

10/4/2019

Overview:

  • Global online classified advertising company Adevinta has completed its IPO on the Oslo Børs.
  • The offer price was NKr78 per share, valuing Adevinta at more than $6 billion.
  • It is Norway's largest IPO since 2006 and becomes the fourth largest Norwegian IPO overall, exceeded only by the past listings of Equinor, Telenor and REC Silicon.

Prin Shasiharan - Researcher

Jurisdiction:

Norway

Deal type:

IPO

Practice area:

Capital markets : Equity

Industry sectors:

Media
Technology and telecommunications

Firms:
BAHR

Party: JPMorgan Securities (Joint global coordinator)

Party: Skandinaviska Enskilda Banken AB (Joint global coordinator)

Lawyer: Lars Knem Christie

Cleary Gottlieb Steen & Hamilton

Party: Schibsted (Shareholder)

Party: Adevinta (Issuer)

White & Case

Party: JPMorgan Securities (Joint global coordinator)

Party: Skandinaviska Enskilda Banken AB (Joint global coordinator)

Wiersholm

Party: Schibsted (Shareholder)

Party: Adevinta (Issuer)

Lawyer: Sverre Sandvik

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