TeamViewer's IPO covered throughout the range in a day
The IPO of TeamViewer, the German software company, is proving popular with investors. The books are covered throughout the price range, after less than a day of bookbuilding.
TeamViewer makes software that connects devices so that they can be used remotely.Private equity group Permira, which is selling shares in the IPO, has set the price range for the IPO in Frankfurt at €23.50 to €27.50 a share, valuing the business at €4.7bn to €5.5bn – in ...
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