Fund-distribution business Allfunds, which is owned by private equity firm Hellman & Friedman LLC, plans an initial public offering in Amsterdam, adding to the Dutch city’s growing clout as a listing venue for European issuers.
Shareholders are looking to sell at least 25% of the firm’s shares in the offering, Allfunds said in a statement on Wednesday. The company won’t raise any money from the share sale.
The company is seeking a valuation of 7 billion euros ($8.3 billion) to 8 billion euros, according to a person familiar with the transaction. The private equity firm, which has owned Allfunds since ...
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