Deals
Night Vision Firm Exosens Seeks Up to €400 Million Paris IPO
- Defense specialist may launch IPO as soon as mid-May
- Firm previously known as Photonis bought by Groupe HLD in 2021
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French night-vision technology company Exosens is planning an initial public offering in Paris that may raise between €300 million and €400 million, according to people familiar with the matter.
The firm, which is backed by European investment group Groupe HLD, is seeking to launch the share sale as soon as mid-May, the people said. The maker of products for sectors including defense is working with BNP Paribas SA, Citigroup Inc. and JPMorgan Chase & Co. on a listing, the people said.