date:Dec 19, 2013
After issuing a profit warning early last week, Swedish confectionary company Candyking halted its plans for an initial public offering, just one day before it was due to list its shares on the Stockholm exchange.
Candyking, owned by private-equity firms Accent and EQT, had warned in the lead up to the IPO that profit would be hit by fires at two of its suppliers.
According to Swedish media outlets, two of Candyking's subcontractors, a factory in Skvde, Sweden, and another in the Netherlands,