PC Maker Raspberry Pi Plans London IPO Amid Listing Drought
- Company is said to seek $630 million valuation in listing
- London’s exchange has missed out on a rebound in Europe IPOs
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British personal computer maker Raspberry Pi is considering an initial public offering in London in what would be the first sizable listing for the city since February.
The company, which makes low-cost computers popular among hobbyists and educators, said it intends to publish a registration document with the London Stock Exchange, without disclosing how much it plans to raise.