Asker, Backers Seek $880 Million in Europe’s Top 2025 IPO So Far

Sweden’s Asker Healthcare Group AB and its owners are looking to raise nearly 8.9 billion kronor ($880 million) through an initial public offering in Stockholm in what could be Europe’s biggest first-time share sale so far this year.

The company is offering about 21.4 million shares at a fixed price of 70 kronor apiece to raise about 1.5 billion kronor in new equity, according to a statement published on Monday. Backers including majority owner Nalka Invest AB are offering about 105 million in existing shares as well to raise as much as 7.4 billion kronor.

The shareholders could raise an ...