Nordic Capital Said to Explore Options for Payment Firm Trustly

Oct. 11, 2024, 3:42 PM UTC

Nordic Capital is exploring options for Swedish digital payments company Trustly Group AB including a potential sale or initial public offering, people familiar with the matter said.

The private equity firm has held initial discussions about the divestment strategy for Trustly, which could be worth about $10 billion in any deal, according to the people. Nordic Capital would likely seek to list the company in the US if it decides to pursue an IPO, they said.

Considerations are preliminary and a transaction is unlikely to take place before next year, the people said, asking not to be identified as the ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.