Swedish Market Economy

Friday, May 27, 2016

The minister attacked Academedia: “Offensive” – ​​Swedish Dagbladet

Photo: Yvonne Åsell

the owner of AcadeMedia, EQT, has now decided the details of the IPO. The sale of shares in connection with the listing will be made at a price of SEK 40 per share, valuing the entire company at nearly 3.8 billion.

Secondary Minister AIDA HADZIALIC (S) reacts to data on AcadeMedia’s IPO .

– Our tax money should go to school, the teachers and the students. I find it offensive that to make money on teachers and students. We are the only country in the world that tax financing private profit withdrawals. If we get our own way so profits will be reinvested in the school, she said.

New owners who have undertaken to buy shares is Mellby Gard by ten per cent stake, the Second AP Fund, Lannebo Funds, Odin Fonder and Swedbank Robur, according to a press release.

the first day of trading on the Stockholm Stock Exchange is scheduled for around June 15.

AcadeMedia’s revenue during the twelve month period ended March 31 to 8.4 billion crowns.

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Cecil at 6:28 AM
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