Travel firm Viking aims for up to USD 10.8 bln valuation in US IPO
The IPO of roughly 44 million shares will see the company selling 11 million shares and existing shareholders the rest. Viking is targeting a range between USD 21 and USD 25 apiece to raise up to USD 1.1 billion, according to a regulatory filing. Norges Bank Investment Management, which manages the Norwegian Government Pension Fund, has indicated that it wants to buy up to USD 100 million in ordinary shares in the offering, Viking said in the filing.
The IPO of roughly 44 million shares will see the company selling 11 million shares and existing shareholders the rest. Viking is targeting a range between USD 21 and USD 25 apiece to raise up to USD 1.1 billion, according to a regulatory filing. Norges Bank Investment Management, which manages the Norwegian Government Pension Fund, has indicated that it wants to buy up to USD 100 million in ordinary shares in the offering, Viking said in the filing.
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