Trustpilot Seeks $1.4 Billion Valuation With Listing in London
Swetha Gopinath, Bloomberg News uk.trustpilot.com Source: uk.trustpilot.com/Bloomberg , Source: uk.trustpilot.com/Bloomberg
(Bloomberg) Trustpilot Group Plc, a Denmark-based online platform for consumer reviews, is seeking an enterprise value of as much as $1.4 billion in the first initial public offering of a company from the European Union in London since Brexit.
Funds including BlackRock, FIL Investments International, Caledonia, Capital Research, Adelphi Capital and Janus Henderson have each entered into cornerstone agreements with the company and certain shareholders to collectively take up $240 million of the offering at the IPO price, the company said Monday.