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Cloud Firm OVH Plans $468 Million IPO for International Growth

  • KKR, TowerBrook, founding family members also to sell stock
  • Sale runs through Oct. 14, with trading to begin the next day
relates to Cloud Firm OVH Plans $468 Million IPO for International Growth

Source: OVH Group SAS

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OVH Groupe and its backers are seeking as much as 404 million euros ($468 million) in an initial public offering in Paris that will give the cloud-storage provider funding to finance its competition with Amazon.com Inc. and accelerate its international expansion.