Deals
Biggest IPO in Denmark's History Tempts $80 Billion PFA Fund
- Denmark starts selection process to invite banks for IPO
- Government won't say whether Goldman can help arrange sale
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Denmark’s largest commercial pension fund is considering raising its stake in Dong Energy when the utility is put up for sale in what looks set to become the biggest initial public offering in Danish history.
PFA Pension A/S, which partnered with Goldman Sachs and ATP to buy about one-quarter of Dong last year, says adding to its stake would fit with its investment goals.