French tech company OVHcloud sets IPO price range at 18.50-20 euros

  • 10/5/2021
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PARIS, Oct 5 (Reuters) - French cloud computing services company OVHcloud set the price range for its forthcoming Paris stock market listing at between 18.50-20.00 euros per share, and added the IPO (initial public offering) should raise 350 million euros ($405.8 million). OVHcloud added that initial trading on the Paris stock market was expected to start on October 15, with a formal stock market debut due later on October 19. $1 = 0.8625 euros Reporting by Mathieu Rosemain and Pawel Goraj; Editing by Sudip Kar-Gupta Our Standards: The Thomson Reuters Trust Principles.

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