NORDIC CAPITAL – SALE OF EUROPRIS
Global private equity firm Nordic Capital has announced the sale of its remaining stake in Europris. Nordic Capital, who acquired Europris from IK Investment Partners in 2012, listed the company in June 2015 and has now sold its remaining 32.71% stake in the company (54.6m shares) at NOK 35 per share. The firm is expected to obtain close to a 4.0x return with the sale. Based in Norway, Europris is a discount variety retailer.