Cybersecurity Firm CR Group Said to Pick Banks for Stockholm IPO

Swedish cybersecurity firm CR Group Nordic AB, has selected banks for an initial public offering in Stockholm, according to people familiar with the matter.

Deutsche Bank AG and Skandinaviska Enskilda Banken AB are among the banks set to work on the IPO preparations, said the people, who asked not to be identified as the information is private. A deal could come as soon as next year and could raise several hundred million euros, the people said.

Deliberations are ongoing and plans could still change, the people said. Representatives for Deutsche Bank and SEB declined to comment. CR Group did not ...