Trustly still wants stock market listing, but no current timeline
05/03/2021 | 06:24am EDT
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STOCKHOLM, May 3 (Reuters) - Swedish payments firm Trustly
said it is still aiming for a stock market listing but there is
currently no firm timeline, after it delayed IPO plans following
comments by the country's financial regulator about the
company's due diligence process.
Trustly in April announced plans to list on the Nasdaq
Stockholm exchange in a move that could have valued the company
at more than $10 billion.
However, less than two weeks after the announcement the
Swedish Financial Supervisory Authority (SFSA) said the company