Swedish Pension Fund Offers 10% Stake in Asker After Rally

A private equity-focused arm of Sweden’s state pension system is looking to sell a nearly 10% stake in Asker Healthcare Group AB, the first selldown in the stock since it listed earlier this year.

Sjätte AP-fonden, also known as AP6, plans to offer about 38 million shares in the health-care firm. The stake would be worth about 3.38 billion Swedish kronor ($360 million), according to terms seen by Bloomberg. There was enough demand to cover the stock available for sale within minutes of the deal launching, according to the terms.

Asker’s shares have rallied 27% since its ...