Trustpilot, Holders Seek up to $600 Million in London IPO
- Danish company markets shares at 250 pence to 265 pence each
- Deal values customer-review firm at up to 1.08 billion pounds
This article is for subscribers only.
Consumer-review site Trustpilot Group Plc’s London listing is set to raise as much as 434 million pounds ($600 million), a sale that may help lift the U.K. to its biggest ever first quarter for initial public offerings.
Shares will be offered at 250 pence to 265 pence each, according to terms of the sale seen by Bloomberg News. The IPO, which values the company at as much as 1.08 billion pounds, will run through March 22, with trading to begin the next day on the London Stock Exchange.