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Re: None

Wednesday, 01/27/2010 3:44:59 PM

Wednesday, January 27, 2010 3:44:59 PM

Post# of 9
Looks to me like a Buy Out is coming:

Plus, check the Filings...they just keep buying RURL shares.

UPDATE 1-Ambulance service firm Falck says owners plan IPO
Thu Dec 17, 2009 6:13pm IST

* Says picking advisors for possible public offering

* Would be first big IPO in Denmark for many years

(Adds detail, background)

COPENHAGEN, Dec 17 (Reuters) - Danish ambulance service, rescue and safety group Falck said on Thursday its private equity owners were preparing an initial public offering of shares in the company.

The offering would be the first big Danish bourse listing in about five years.

"The board is currently in the process of selecting advisers for the company's potential IPO," Falck said in a statement.

Financial daily Borsen said the IPO could take place as early as in the first half of 2010 and that the company could be worth 9 billion Danish crowns ($1.8 billion).

Falck is the largest privately held ambulance company and also the biggest private fire-fighting service in Europe, according to its website. It operates in 23 countries.

The principal shareholders in Falck are Nordic Capital Fund V and ATP Private Equity Partners.

Falck was spun off from the security company formed by the 2004 takeover of Group 4 Falck by Britain's Securicor, which is now called G4S (GFS.L: Quote, Profile, Research).

"Falck faces substantial international growth. The business with its entire organisation has many development opportunities," said outgoing Chairman Christian Dyvig.

The most recent major IPO in Denmark was insurer TrygVesta's (TRYG.CO: Quote, Profile, Research) in 2005.

Last month, small budget airline Cimber Sterling (CIMBER.CO: Quote, Profile, Research) was listed in the first IPO in Denmark in years. Danish telecom operator TDC (TDC.CO: Quote, Profile, Research) is widely tipped as a candidate for a big stock offering by its private equity owners.

(Reporting by John Acher and Anna Ringstrom; editing by John Stonestreet) ($1=5.108 Danish Crown)