Ambulance service firm Falck says owners plan IPO

By IBTimes Staff Reporter | December 17 2009 12:06 PM

COPENHAGEN - Danish ambulance service, rescue and safety group Falck said on Thursday its private equity owners were preparing an initial public offering of stock in the company.

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The principal shareholders are Nordic Capital Fund V and ATP Private Equity Partners.

The board is currently in the process of selecting advisers for the company's potential IPO, Falck said in a statement.

Financial daily Borsen said that the company could be worth 9 billion Danish crowns ($1.76 billion) and, if the IPO is carried out, it would be the first big Danish bourse listing in years.

(Reporting by John Acher)

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