Private equity firms keen to return cash dump discounted stocks

Earlier this month, Nordic Capital sold half its stake in Cint Group AB at a price that was 19% lower than the Swedish software company’s value at IPO.
Photo: Pexels: Pixabay.
Photo: Pexels: Pixabay.
By Swetha Gopinath and Jan-Henrik Förster, Bloomberg

Private equity firms have been selling out of recently-listed stocks in Europe, swallowing steep discounts in volatile markets to allow them to recycle investor capital, writes Bloomberg.

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