Apax plans second Swedish healthcare move in a fortnight

Private equity firm Apax has reportedly revealed plans for a 'quick-flip' float of a Gothenburg-based healthcare company, less than two weeks after it bought Swedish healthcare group Capio.

Bloomberg reports that Deutsche Bank is leading the initial public offering of Gothenburg-based Mölnlycke, which could be valued at about $3.1bn (€2.5bn). Apax bought the company for $1.5bn less than 18 months ago from Scandinavian private equity companies Nordic Capital and Bure Equity.

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