General Atlantic and Index sell part of Adyen stake

Adyen_phone_230x150
By Sam Kerr
03 May 2019

General Atlantic and Index Ventures, two pre-IPO shareholders in Dutch payments firm Adyen, hit the market on Thursday night to sell a €750m block of shares in the company.

JP Morgan and Morgan Stanley were bookrunners on the transaction. Both banks ran two previous block trades in Adyen and were global coordinators on the IPO.

Index Ventures sold its stake through its vehicle Pentavast.

"The shareholders are locked-up until October and we had a big reverse ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.