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Titre | Deezer is preparing its IPO for "being part of the actors who will in the end" |
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Description | Deezer will go public. The French streaming service announced Tuesday its intention to list on Euronext in Paris by the end of the year, depending on market conditions. The start-up does not give yet recovery target for its IPO. In 2012, Deezer had raised € 100 million from the Russian-American billionaire Leonard Blavatnik -also owner of Warner Music- via its holding company Access Industries for a valuation of 300 million euros. Today, the start-up could be worth over one billion euros (1.1 billion dollars), according to analysts, and thus be part of the famous club unicorns. None of the current shareholders of the company will sell shares in the IPO, which will be done by creating new shares, revealed Hans-Holger Albrecht, CEO of Deezer. The start-up would have hesitated between a new financing round and IPO, and ultimately chose the latter. With its IPO, Deezer hopes to strike a blow and send a positive signal to the market, the public and investors... |
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Adresse (URL) : | www.journaldunet.com | |
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Date | 2015-09-27 | |
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Hits | 0 | |
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Catégorie | Accueil > Streaming | |
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ID | 6922 | |
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