Verisure Said to Eye €3 Billion Swedish IPO as Soon as This Week

Verisure, the alarm company owned by Hellman & Friedman, is considering launching an initial public offering in Stockholm as soon as this week, according to people familiar with the matter, kicking off what could be Europe’s largest IPO in three years.

The offering could raise about €3 billion ($3.5 billion), said the people, who asked not to be identified as the information isn’t public. The deal size would make it the largest in Europe since Porsche’s in 2022, according to data compiled by Bloomberg. It’s expected to consist largely of new shares in a bid to raise cash ...