Cyber security firm Avast plans watershed London tech listing [Video]

Cristian WorthingtonFeedToPost, MediaVidi Twitter

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LONDON (Reuters) - Avast, the world’s largest consumer antivirus supplier by customers, said on Thursday it will apply to list its shares on the London Stock Exchange in what could be a blockbuster float expected to value the company at around $4 billion. The listing, which is anticipated...

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LONDON (Reuters) – Avast, the world’s largest consumer antivirus supplier by customers, said on Thursday it will apply to list its shares on the London Stock Exchange in what could be a blockbuster float expected to value the company at around $4 billion.

The listing, which is anticipated in early May, will see a free float …

A source familiar with the matter said the firm also hopes to raise a further $800 million via secondary sales, meaning an overall target of around $1 billion and bringing the firm’s valuation to $4 billion if successful.

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