Adevinta ASA (ADE) - Statement Regarding Voluntary Tender Offer for All Class a Shares in Adevinta Asa streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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<p><span>Against a backdrop of rising interest rates and a worsening macroeconomic situation, the Paris financial market has been striving to meet the increased need for equity capital among companies in the coming years, notably through Initial Public Offerings. These companies include the many French "unicorns" that the Paris ecosystem and the initiatives of the French authorities have helped bring about. It is essential that they find their natural listing market in Euronext. A major step forward has just been achieved with the signing of a "Common Guide to IPO Best Practices" by about thirty prominent financial institutions - institutional investors, asset management firms, banks and financial advisors – which operate on the Paris market.</span></p>