The Euronext stock exchange is pictured in the La Defense business district in Paris, France, September 30, 2022. REUTERS/Benoit Tessier/File Photo Acquire License Rights
Oct 11 (Reuters) – French software company Planisware has priced its shares at 16 euros ($16.97) each for its initial public offering announced last week, a bookrunner said on Wednesday, making it the largest IPO on the market Euronext Paris has been making over the last two years.
The books are “oversubscribed to the full extent of the deal,” including the greenshoe option, and will close at 1:00 p.m. CET on Wednesday, the bookrunner said.
The company was not immediately available.
The group had previously said it was seeking a valuation of between 1.11 billion euros ($1.17 billion) and 1.25 billion euros, with a price range of 16 to 18 euros per share.
($1 = 0.9428 euros)
Reporting by Nathan Vifflin and Diana Mandià; Editing by Alison Williams
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