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Visma Chooses London for €19bn IPO Awaiting UK Market Reforms

The move depends on UK regulatory changes designed to make London more competitive for high-growth listings

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Overview

  • Proposed reforms include allowing euro-denominated shares to enter FTSE indices to attract a wider investor base.
  • Visma has executed over 350 bolt-on acquisitions since its 2006 buyout by Hg Capital, reinforcing its market position.
  • The company reported €2.8bn in revenue and €893m in adjusted earnings last year.
  • The decision runs counter to recent trends of European tech firms such as Wise and Arm opting for New York listings.
  • Bank pitches are set to begin this week as Visma targets a public offering early next year.