Planisware launches IPO on Euronext Paris
16/04/2024 06:30
April 16 (Reuters) - French software company Planisware
PLNW.PA launched an initial public offering priced at 16 euros
per share on Tuesday, valuing it at 1.11 billion euros ($1.18
billion).
The offering represents a maximum of 15,085,000 ordinary
shares to be sold for about 241 million euros ($256 million),
Planisware said in a statement.
The company's founders will keep a majority stake following
the IPO.
($1 = 0.9421 euros)
(Reporting by Stéphanie Hamel)
((stephanie.hamel@thomsonreuters.com))