"Borenius Advises State of Finland on Posti Group Corporation's Initial Public Offering"

"Borenius advised the State of Finland on the initial public offering (IPO) of Posti Group Corporation, which raised EUR 103 million and resulted in a market capitalization of approximately EUR 303 million. The IPO included a secondary sale by the State and a personnel offering, leading to around 12,100 shareholders, including over 1,100 employees. Posti is a major delivery and fulfillment company operating in Finland and the Baltic region, employing about 15,000 people."

**Law Firms Involved in the Transaction:** Borenius advised the State of Finland as the sole selling shareholder in the initial public offering of Posti Group Corporation. **Transaction Overview:** The initial public offering (IPO) involved a secondary sale by the State of Finland, which is Posti's sole shareholder, along with a personnel offering by Posti. The total gross proceeds from the offering amounted to EUR 103 million, including the over-allotment option, resulting in a market capitalization of approximately EUR 303 million at the time of listing. At the time of the IPO, Posti had around 12,100 shareholders, including more than 1,100 employees. **Legal Team:** - **Juha Koponen** - Partner, Helsinki, London, New York - **Aksu Tuominen** - Counsel, Helsinki, London - **Teo Virtanen** - Senior Associate, Helsinki - **Einari Karhu** - Partner, Helsinki

"Borenius Advises State of Finland on Posti Group Corporation's Initial Public Offering"

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