Nordic Capital Is Said Close to Launching Sunrise Medical IPO

Nordic Capital is considering launching an initial public offering of German wheelchair maker Sunrise Medical as soon as next week, according to people familiar with the matter.

The Swedish investment firm is working with Bank of America Corp., Jefferies Financial Group Inc. and UBS Group AG on a Frankfurt listing that may value Sunrise Medical at about €2 billion ($2.2 billion), said the people, asking not to be identified discussing confidential information.

Deliberations are ongoing and the timing and size of the listing may change, they said.

A representative for Sunrise declined to comment. Nordic Capital, Bank of America, Jefferies ...