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

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

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 that the company could be worth 9 billion Danish crowns ($1.76 billion) and, if the IPO is carried out, it would be the first big Danish bourse listing in years.

(Reporting by John Acher)

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