Nets Plans IPO as Advent, Bain Prepare to Sell Payments Firm

  • Owners expect to issue new shares worth $824 million
  • Spokesman says company likely to start trading in October

Nets Holding A/S, a Nordic payments firm owned by equity funds Advent International Corporation and Bain Capital Private Equity, as well as Danish pension fund ATP, announced it is preparing for an initial public offering.

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