Friday, 24 March, 2023

OVHCloud IPO set to go ahead at lower end of price range

<p>French computing company OVHCloud will go ahead with their IPO at a share price of &euro;18.5 per share, with their current valuation at &euro;3.5B. Set to be France&#39;s biggest public offerings in the year, the IPO is already oversubscribed. OVHCloud had set their price range between &euro;18.5 to &euro;20, and made the decision to be listed even amidst other companies like Icade Sante and Chronext dropping listing plans due to inflation fears.</p>