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Investing.com -- Norwegian software company Visma has provisionally chosen London over Amsterdam for its initial public offering (IPO) planned for next year, according to a Reuters report on Wednesday.
Visma had previously considered an IPO in 2023 but opted instead to raise capital through a private share sale. That transaction valued the company at approximately 19 billion euros ($22 billion).
While Amsterdam was under consideration, Visma has reportedly tentatively selected London for its IPO partly due to listing reforms implemented by Britain’s financial regulator last year.
The company’s provisional choice was also influenced by London’s deeper capital markets and a UK-centric investor base, the report added.
No firm decision has been made yet.
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