UnifiedPost Group to price IPO at top of the range

UnifiedPost Group
By Aidan Gregory
21 Sep 2020

The IPO of Belgian fintech company UnifiedPost Group is set to be priced at €20 a share, the top of the initial range, according to a source close to the transaction.

Because of the strength of the demand, the option to increase the size of the IPO up to €252m including the greenshoe is expected to be used. The initial range was set at €18 to €20, valuing UnifiedPost Group at €566m to €608m on a post-money basis.

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