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Danish electronic payments company Nets going public

TheCopenhagenPost
August 29th, 2016


This article is more than 8 years old.

IPO coming sooner than expected

Nets is going ahead with an autumn IPO (photo: Lotus Head)

Danish card payment services company Nets plans to list on the Copenhagen Stock Exchange in late September, according to Børsen.

Børsen did not identify its sources, but wrote that Nets plans to float about half of its available shares.

Nets was formed in 2010 through a merger between PBS in Denmark and Norway’s Nordito. It was acquired in 2014 by Boston-based private equity funds Bain Capital and Advent International and the Danish pension fund ATP.

The company has been planning an IPO since 2014, but it was not expected until 2019.


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Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

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Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”