Danish outsourcing firm ISS has said that it hopes to raise 8 billion Danish Crowns ($1.47 billion) from its IPO on the Nasdaq

The move to float the company comes after ISS was acquired by private equity company EQT and Goldman Sachs for €2.9 billion, before delisting the company on 2005.

The market floatation would represent the largest Nordic public offering since the financial crisis.

ISS intends to present a public offering before the end of march based on feedback from investors.

Chief Executive Jeff Gravenhorst said in the statement: “The intended IPO is expected to support our operational strategy”.

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