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Allfunds indicative IPO price range implies market value of between €6.6 billion to €7.6 billion 3 hours ago
Source: Allfunds Allfunds this morning announces the indicative price range, publication of the Prospectus and start of the offer period of the planned Offering. Juan Alcaraz, Founder and CEO of Allfunds, comments:
“We’re hugely encouraged by the strong initial reaction to our IPO and welcome BlackRock, Jupiter, Mawer, Lazard and Janus Henderson Investors to our shareholder register as cornerstone investors. Allfunds has maintained very positive momentum through the first quarter of 2021, as we look to realise the fantastic opportunity ahead by offering best in class service for our clients, driving growth and continuing the journey we began in 2000. I look forward to the
European B2B Wealthtech Allfunds Set to List on Euronext Amsterdam Stock Exchange
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Allfunds readies for IPO in bid to grow its global platform
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Allfunds plans “momentous” IPO
Distribution platform Allfunds has announced plans to list on Euronext Amsterdam and to launch an initial public offering (IPO).
The IPO is expected to consist of a private placement of existing shares held by BNP Paribas Securities Services, Credit Suisse and LHC3.
The sale, which will amount to a minimum of 25% of the company’s shares, is scheduled to take place in the coming weeks, subject to market conditions.
Founder and CEO Juan Alcaraz has hailed the IPO as a “momentous” step for the company he founded 20 years ago.
“This listing provides us with the flexibility to accelerate the digital transformation of the wealth management industry and the growth of our best-in-class global platform,” he said.