Cinven and Permira-backed business Allegro has an equity value of $11 billion.
October 12, 2020 at 06:32 AM
1 minute read
Senior Reporter
Clifford Chance has advised a Polish e-commerce company backed by private equity giants Permira and Cinven on its listing on the Warsaw Stock Exchange.
Based on the offer price, Allegro, which began trading on Monday, was valued at around $11.2 billion, while the total value of the offering will amount to $2.7 billion. The IPO is the largest ever in Poland, according to media reports.
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